492,000$
We have two books to merge together in one location in North Fort Worth for a total income of about 370K, about 3.9 million. Not sure just yet but would think it’ll sell for about 1.33 times 480 to 492Kish, maybe less with a signed Letter of Intent and quick closing, Seller willing to carry some, Wintrust would be the bank to use. If you are a strong candidate they might allow one more book of about 600-700K to join… Just not sure. Must have insurance licenses, and have 100K in liquid funds for Farmers agency ownership consideration. Seller to sign a 5 year non-compete. Office rent is $1250 monthly. Harold Loyd