Insurance Agencies For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $40000
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed, capped at a few weeks.
Reason for Sale Other business interests.
Description Email or call Rick Carlson of Ace Business Brokers at 800-985-4939 Extension 273 for additional information!
3.5 year old agency is for sale along with sister office in Santa Clarita. Basically all of the hard work has been completed getting below market leaseholds, perfect for someone looking for entry level agency with a pre-existing book of business. Both locations are AAA. Top carriers in terms of revenue are Infinity, Unitrin, Access, Bristol West, Progressive, Alliance United, Carnegie, Multistate, and Robert Moreno. No home, commercial or health, auto insurance only at this time so there's upside. Total of 369 policies written since the start, not bad for a part-time hands off owner operator. Needs watchful eye of daily management in order to grow. NDA is required for exact business addresses.
Facilities: 2 offices, one in Culver City, the second is in Santa Clarita. Rent for Culver City is $1200 including NNN on major street for 500 SqFt and Santa Clarita is in plaza and is below market as well.
Competition: Competition is sever on the westside, but Santa Clarita is a growing community.
Support/Training: As needed.
Reason Selling: Other business interests.
Year Established: 2006
Employees: 1
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