Mercury Book of Business for Growth Potential
Decade old multi-line Mercury agency has consistently brought in more than $250,000 in annual commission for the last for few years. Currently, with 691 policies in force, Due to loss ratio issue Mercury is no longer permitting new business. The agency can provide endorsements and make policy changes and updates.
Client retention rate is 92 percent.
A Buyer MUST have sufficient financial credentials to qualify and have an existing Mercury appointment in good standing. The Buyer’s agency should generate at least $2 million in premiums to absorb current loss ratios.
The two highest-producing lines are Personal Auto and Personal Property. Personal Umbrella was the fastest-growing line in 2024. Year to date Commissions are $186,157.75 with premiums at $1,615,968.
Mercury has approved the sale. Conversations with the regional representative can be scheduled once an LOI has been signed.
Financials (USD)
Asking Price $395,000
Cash Flow $264,500
Sales $264,500
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? No
Relocatable? No
Real Estate? No
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