Home

|

Site Map

|

Advertise

|

Contact Us

|

About Us

FRANCHISE DIRECTORY

FRANCHISE RESOURCES

NEWSLETTER

BUSINESSES FOR SALE

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

2,000 PIF's 54% Home 43% Auto Insurance Agency

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $450000
Net Profit / Cash Flow  $96000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1980
Number of Employees  4 - 5
Inventory  15000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Long term transition, seller wouldn't mind staying on board as a producer for new management. He has a lot of gas left in the tank.
Reason for Sale  $150k down, $249k financed at 4% for 60 months!
Description  Split of the revenue is 54% Homeowners, 43% Auto, 3% Commercial Agency. 2012 Renewal commissions are $230,000.00 and Fee revenue was $220,000.00. Total premium in force is over $1,800,000+. Three producers primarily service the book of business, so this is not tied directly to the owner selling the business. The book is basically divided evenly between all the staff, and all agents are responsible for maintaining and servicing their own accounts. Seller's location is ideal for a growing agency or an aggressive growth-oriented buyer who wants to add additional agents and staff as there is substantial office space on premise. Seller ideally is looking to remain associated with the Buyer's team for a long-term transition, and would like to keep his options open in regards to potentially being a producer for the Buyer. Substantial Seller carry at favorable terms and interest rate shows to Buyers that this Seller believes this book of business will continue to churn out cash for years to come. Payments break out to $150,00 in cash down at closing, and 60 monthly payments of $4,585.71 for 60 months at 4%. Only qualified Buyers will be eligible for substantial Seller carry-back, and subject to Seller approval. NDA is required for preliminary due diligence package on file. Facilities: Has a brick and mortar office that has plenty of room for expansion for hungry owner-operators seeking a stable platform acquisition into insurance or existing owners who are growing too large for their existing operations. Growth/Expansion: Does not focus on commercial at all, certainly there are more accounts that can be secured from existing relationships in this book of business. Financing: $150k Down, $249k financed at 4% for 60 months! Support/Training: Long term transition, Seller wouldn't mind staying on board as a producer for new management. He has a lot of gas left in the tank.
Click Here To Contact Seller

    

For more business opportunities like this go to:
http://www.globalbx.com

Home | Franchise Directory | Franchise Resources | Franchise Newsletter | Businesses For Sale | Site Map | Advertise | Contact Us | About Us
Franchise Opportunity Quick Guide | Terms & Conditions      © 2004 - . All Rights Reserved