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January 18, 2012

New Agent Selected for Branson License Office

JEFFERSON CITY - The Branson License Office will soon have a new management team.

Koester & Koester, LLC of Bowling Green, MO, will be the new agent for the license office.  The company was chosen as part of a competitive bidding process that is used for all of Missouri's 182 local license offices.

Koester & Koester has previous experience running license offices, as it has been the agent of the Fulton and Mexico license offices since 2009 and the Bowling Green License Office since 2011.  The company's winning bid for the Branson License Office was one of two submitted.  The office will stay at its current location in Cedar Ridge Plaza at 1447-C State Highway 248.

According to figures from Fiscal Year 2011, there were 86,254 transactions conducted at the office, and it generated $268,986 in agent processing fees.

Bidders have the option of returning part of the office revenues to the state.  The company's winning bid includes a 4 percent ($10,759) annual return to state. 

All local license offices provide services that are overseen by the Department of Revenue, but each office is operated by an independent agent. 


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