Tools

Build an insurance agency, five years out.

A live pro-forma. Change your book, your team, your costs, and watch break-even, cash, EBITDA, and value move in real time. It's the same model I ran in a spreadsheet for years, ported to the page with every formula visible.

✓ every figure traces to an input above

Break-even
Mo 28
year 3
Yr-5 revenue
$335,877
Yr-5 EBITDA
$308,877
92% margin
Yr-5 value, illustrative
$1,775,706
6× EBITDA
Cash low point
$7,841
month 16
● the verdict
Break-even: month 28

Breaks even in month 28, but rides a cash low of $7,841 first. By year five: $308,877 EBITDA, about $1,775,706 at a 6× exit. The question was never whether it works, it's whether you survive month 16.

Your Book (owner's lines at full ramp)

Pol/moPremCommRet
Personal Auto
Homeowners
Renters
Commercial Lines
Life / Health
Other

Blended: $2,154 premium · 13.5% commission · 89% retention

Production & Pay (owner)

Capital & Costs

Bonus & Valuation

Industry benchmarkpublished
avg ~11.5–12× ($1M+ EBITDA deals) · strong ~14× platform (≈19× with earn-out)

Sica Fletcher put the average at 11.8× in H1 2025; platform/PE buyers pay ~14× at close. Small tuck-ins trade lower (~7.5–12×).

Sica Fletcher Index; MarshBerry; OPTIS Partners · 2024–25 ↗
Industry benchmarkdirectional
avg ~2× revenue (evolved standard) · strong 2.5–3.0× (strong retention + growth)
Practitioner consensus; IA Magazine · 2025 ↗

Cash position · 60 months

— ending cash┊ break-even● cash low $7,841

5-Year Pro-Forma (annual)

 Yr 1Yr 2Yr 3Yr 4Yr 5
Revenue$47,213$129,029$208,040$275,602$335,877
Expenses$100,500$102,000$102,000$102,000$102,000
Net income-$53,287$27,029$106,040$173,602$233,877
EBITDA (excl. bonus)$9,213$102,029$174,577$238,907$295,951
Value · EBITDA$55,280$612,171$1,047,460$1,433,443$1,775,706
Policies in force1824466808871,071

EBITDA adds back owner salary and excludes contingent bonus, the workbook’s conservative valuation basis. Every figure traces to an input you set above.