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- RE: P&C Personal Lines Insurance Agency For Sale
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $290,708 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $215,085 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | 1 | |
| BBN Listing #: | 982864 | |
| Broker Reference #: | 1342 INSURANCE |
Business Overview:
This Agency offers an excellent growth opportunity for potential Buyers. It manages a portfolio of approximately 1,043 P&C policies, consisting of 70% standard and 30% non-standard policies. The Business is primarily focused on personal lines (99%), with 1% in commercial lines, and handles approximately $3 million in premium.
With 27 years of experience and a remarkable retention rate of 97%, the Agency has a proven track record of success. Top carriers include Progressive, Kemper, and Travelers. This is a rare and exceptional Business opportunity not to be missed.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
The rent is $750 per month, with utilities costing approximately $120 per month. Notably, the rent has remained unchanged since the Agency began leasing the space. The office is 750 square feet, located off a main road in a commercial building with ample parking available.
Market Competition and Expansion:
Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition.
Growth & Expansion: To stimulate growth and broaden the Company’s horizons consider expanding the commercial side of the Agency.
Reason for Selling:
The Sellers are ready to move and retire from Insurance.Additional Details:
- The property is owned.
- 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
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