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I'm trying to understand why indep. agencies don't grow there business asap...I would think the goal would be in 15 yrs to have a business generating net income of $500k without you the owner working more than 30 hrs a wk....and on top of that you can sell the business for ??? (few million) or have your kids work it.
Makes sense, but it's not quite that easy in reality to get consistent growth like that, with auto insurance.
When books of business sell, they generally sell for 1-2X what the book pays...