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Insurance Agency - 40% Home Owners Policies
Location California,United States
Asking Price Range < $250K
Gross Revenues $100000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 1 - 3
Inventory 5000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks, 20 hours per week.
Reason for Sale Other business interests.
Description Please contact Rick Carlson of Ace Business Brokers at 800-985-4939x375 for further details! Seller sub-lease space to offset the rent charges so the monthly rent is very affordable, less than $1,000 per month for a great location! Has around 400-500 active clients, good mix of home owners written through Farmers FACT program. Rest of the book is non-standard type auto, has some commercial, but less than 10% of the remainder. Writes with the usual carriers, Infinity, Access, Progressive, etc...the location is gorgeous. This is non-portable and dependent on the Buyer signing a lease at the premises in order to retain the book. Seller is Spanish speaking, so non-Spanish speakers would need to retain someone in the office as a CSR to handle the clients. Income is approximately $40,000 Broker Fees and $60,000 renewals. NDA is required for exact business address to do a drive-by or to schedule an appointment to speak to the Seller in person or via conference call.
Facilities: Brick and mortar retail location fully built out in a highly visible end-cap signalized plaza. Has a great location at a heavily trafficked intersection in the San Fernando Valley. Pristine turn-key location.
Competition: Competition is strong in the Valley, but the Sellers have a sticky book due to the home owner policies that stay on the books as long as people stay in their homes.
Growth/Expansion: No life and health sales at this time.
Support/Training: 4 weeks, 20 hours per week.
Reason Selling: Other business interests.
Click Here To Contact Seller
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