Hello,
I have a book of business in a specific industry segment I am looking to buy from my current agency. Annual premium of the book is $2 million, with 98% being commercial, and 2% personal lines. Gross annual revenue is $223,000.
Knowing that no one else in the agency could nor would service this sector as I do from a knowledge of the market, travel time(as accounts are all over the country), and always being "the face of the franchise" to my customers, can anyone provide what you would think would be fair to offer to buy my book out from current agency? With how much down and amount of time to pay off remainder? Any help would be appreciated. Thank you for any insight and input you can provide.

I don't think there's enough info here to fairly evaluate it. You should talk to a company like Agency Equity and see if they can offer sound advice. You want to be sure you have an airtight contract as well.

Without knowing more info, especially the Niche, it's really hard to advise. If you would have told me 18 months ago about a Restaurant Industry program, it may have looked great, but now, not so much. Is it all E&S with higher than usual servicing costs? Renewal apps every year etc.

I would contact: https://successionlink.com/account/business/valuation/

They can help with Business Valuation...I believe they have a calculator.