How much do I sell my book of business for?

SimplyMe

New member
I own a small Insurance agency in Houston, TX and have owned it for about 5 years now. Business was picking up but over the last year we have been declining in business. We are still doing better than when I first bought it but I think I need to sell it.

I only make about a 15k profit per year now....how do I go about calculating a selling price?
 
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