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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site. Businesses For Sale   >>   Business Services Businesses For Sale Categories   >>    Carpet Cleaning Business For Sale, Cleaning Business For Sale, Coin Laundry Business For Sale, Coin Op Laundry Business For Sale, Computer Service Business For Sale, Computer Repair Business For Sale, Construction Business For Sale, Dry Cleaners Business For Sale, Dry Cleaning Business For Sale, Laundry Business For Sale, Laundromat Business For Sale, Limousine Business For Sale, Printing Business For Sale, Print Shop Business For Sale, Security Business For Sale, Staffing Business For Sale, Storage Business For Sale, Towing Business For Sale

Small Commercial Block Of Clients Location  California,United States Asking Price Range  < $250K Gross Revenues  $55000 Net Profit / Cash Flow  $50000 Cash Flow Type  Sellers Discretionary Cash Seller Finance  Yes Year Established  2000 Number of Employees  1 - 3 Inventory  $57,000 down $1k/Mo 12 months. Relocatable  No Number of Employees  1 - 3 Real Estate  Leased Training  2 weeks, 20 hours. Reason for Sale  Promotion within a captive agency forces sale of independent insurance division. Description  Promotion to a branch manager within a captive agency is the sole and exclusive driver for the decision to bring this book to market. As part of the new contract, Seller must abandon this commercial-only book and transition it to a new agency. Portable within Southern California, 99% within a 50 mile radius of Los Angeles. Primarily writes through GA's, top relationships are: Thomas V Humphreys, Compass, Harry Gorst and South Coast. About 10 total are used. Renewal commissions approximately $40,000, and another $15,000 charged in fees at renewals as well that are ongoing and accepted practice. Covers a wide swath of industries and SIC codes, no one particular industry concentration. There is one large client that represents 30% of the overall acquisition value, but that account just recently renewed, and has been on the books for 8 years. Assuming the Buyer is providing a similar high level of customer service, Seller believes all clients will stay with the new owners. There is no formal profit and loss statement with this book b/c it is one small division of a larger agency. Broker has a spreadsheet that covers the subject book of business that can be shared with Buyers after an NDA has been submitted. Facilities: Run out of the ground floor of a high end office building in West Los Angeles. Competition/Market Pros and Cons: Plenty of competition in the insurance industry. This is an ideal roll-up to a larger firm. Client grab opportunity. Growth and Expansion Pros and Cons: Very little marketing done. Other lines of coverage possible for well-rounded agencies. Benefits, etc... Support/Training: 2 weeks, 20 hours. Reasons for Selling: Promotion within a captive agency forces sale of independent insurance division. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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