Request More Information Contact the Seller
- RE: Commercial Trucking Insurance Agency For Sale
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $1,250,000 | |
| Annual Revenue: | $709,902 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $449,862 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 4 | |
| BBN Listing #: | 982137 | |
| Broker Reference #: | 1272 INSURANCE |
Business Overview:
Founded in 2022, the Company holds a Book of Business consisting of approximately 247 policies, $2.78M in Premium with commercial auto policies accounting for 99% of the portfolio and General Liability policies for the 1%. The top carriers within this book are Evarspan, Trisura Specialty, NICO and Progressive.
It's important to highlight that there is no physical office or employees, making this a straightforward book roll for the right Buyer.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
No facilities.
Market Competition and Expansion:
Competition: The insurance industry is highly competitive, but acquiring this opportunity can lead to substantial business growth and the expansion of your book of business.
Growth & Expansion: In addition to cross-sell opportunities, there's a possibility that a Buyer may have negotiated better commission rates with carriers, which could lead to immediate upside for the Company.
Reason for Selling:
Seller is ready to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
