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The Boles Group, Inc.

Insurance Agencies and Brokerages · Richmond, TX

The Boles Group, Inc. is a business in Richmond, Texas, listed under insurance agencies and brokerages, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $780K to $2.7M.

Public record

Industry
Insurance Agencies and Brokerages (NAICS 524210, as reported by the business)
Location
Richmond, Texas
Staff
10 to 19 people (as reported in 2020 to 2021)
Local rank
#3 of 13 businesses in Richmond listed under insurance agencies and brokerages, by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Insurance Agencies and Brokerages with 10 to 19 staff, bought 2023 to 2026. Based on 35 purchases.

Loans used to buy them

$660K to $2.3M

Middle loan about $1.4M

Estimated purchase prices

$780K to $2.7M

Middle price about $1.7M

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of The Boles Group, Inc..

Financials of businesses like this

Average revenue

$2.3M

a year

Average payroll

$858K

37% of revenue

Average staff

12.8

people

US averages for insurance agencies and brokerages with 10 to 19 staff, 2022 (5,672 businesses). These are not The Boles Group, Inc.'s own figures; its own revenue and profit are what a valuation needs.

Value The Boles Group, Inc. on Value Alpha

Buying, selling or advising on The Boles Group, Inc.? Add its revenue, profit and owner pay, or upload the statements, and get a valuation range with bear, base and bull cases, built from comparable companies and completed sales in its industry.

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Agencies, Brokerages, and Other Insurance Related Activities in Texas: the sale report

Sale ranges by staff size and how to value one, by email.

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Questions

How much is a business listed under insurance agencies and brokerages worth in Texas?
From 2023 to 2026, businesses listed under insurance agencies and brokerages with 10 to 19 staff sold for about $780K to $2.7M, with a middle price of about $1.7M, based on 35 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about The Boles Group, Inc.?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of The Boles Group, Inc. get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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