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Insurance Agency For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $88000
Net Profit / Cash Flow $30000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Inventory 10000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 3 weeks, 30 hours per week.
Reason for Sale Other business interests.
Description Business Description
This is primarily a non-standard auto shop, 80% auto, 10% home, 10% commercial. This is completely tied to the location, so this is not portable, you would have to sign the lease at the premises to maintain a halfway decent ROI. In a strip plaza anchored by a Hispanic market, this location is ideal for those that can target and properly service the market effectively. Seller is owner-operator who speaks native Spanish, which is the vast majority of the clientele. Top clients by revenue are Foremost, Infinity, GMAC, SCJ, Access, McGraw. Seller has been working long hours for a long time and wants to do something else. New lease to be negotiated as part of closing. Can be done as C-corp stock sale to ensure smooth transfer of ownership and appointments per preference of Buyer. Seller financing is available for qualified Buyers, Seller will entertain offers, he wants to have the deal inked though by September. NDA is required for exact business address.
Detailed Information
Facilities: In a plaza anchored by a Hispanic supermarket, ideal if you are native Spanish speaker owner-operator.
Competition: Lots and lots and lots of competition.
Growth/Expansion: Doesn't do, and hasn't done, any advertising.
Financing: $55,000 down, $1,000 per month for 24 months.
Support/Training: 3 weeks, 30 hours per week.
Reason Selling: Other business interests.
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