Closed transaction · September 2010
An Allstate agency in Flower Mound
MDR & Associates took An Allstate agency in Flower Mound, an insurance agency, through to closing in September 2010.
The transaction
- ClosedSeptember 2010
- SectorBusiness & consumer services
- TradeInsurance Agencies
- LocationFlower Mound, Texas
- BuyerStrategic buyer, all cash
- Represented byMDR & Associates
The sale
How it ran
An Allstate agency in Flower Mound, built by its owner over two decades, sold in 2010 for just under $1 million, in an all-cash deal.
The owner trusted us to find the right buyer at the right price. Insurance agencies remain a sector the firm knows well.
Own an insurance agency?
Find out what a buyer would pay for it today. A confidential opinion of value from the firm that sold Allstate agency, Flower Mound — free, with no obligation, answered the same business day.
Get a free valuation snapshotWhat decided the price
What buyers look at in an insurance agency
Retention
The percentage of policies that renew each year. It is the most important number in the sale, and buyers check it carrier by carrier.
The mix of business
Personal lines, commercial lines, and life and benefits are valued differently. Commercial accounts are larger, and also more concentrated.
Carrier appointments
Whether your contracts with carriers can pass to a buyer. With a captive agency, the carrier has to approve the buyer, and its rules shape the whole sale.
The full list, and who the buyers are: Selling an insurance agency in Texas.
The record
More insurance agencies we have sold
Your company
Talk to the firm that sold Allstate agency, Flower Mound
Four fields and a reply the same business day. Nothing you send is shared with anyone, and nothing reaches your employees, customers or competitors. If you would rather talk, call (855) 637-2776.
- A value range and what is driving it
- An honest answer about whether now is the time to sell
- No fee unless and until your company sells