OFF-MARKET ‘Q4 2024
P&C and Trucking Book of Business For Sale
Woodland Hills, CA (Los Angeles County)
Asking Price: $1,800,000
Cash Flow: $431,617
Gross Revenue: $588,226
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 2016
Employees: 5
Business Description
This Book of Business presents a compelling acquisition opportunity for Buyers looking to expand their portfolio in the Commercial insurance sector. The Book of Business is composed of approximately 35% commercial trucking policies, 20% Household Goods Movers policies, 15% CGL, EPLI, WC polices and 30% personal auto policies. Established in 2006, the Company manages a portfolio of around 1,180 policies across 968 clients, with a total premium value of $3.9M. The top three carriers are National General, Berkshire Hathaway, and A-One Commercial.
There is no physical office associated with the Business, and it operates with five offshore employees, whom the Buyer may choose to retain or release, offering flexibility and making it an ideal book roll for the right acquirer.
NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
This is a book role. All employees are offshore.
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.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
To ensure a smooth transition and ongoing success the Sellers will work with a Buyer as needed to successfully transfer the Book of Business.
Reason for Selling:
The Seller would like to explore other opportunities. A reasonable non-compete will be signed.
OFF-MARKET-P and C and Trucking Book of Business For Sale
