SOLD-Orange County Book of Business for Sale

SOLD ‘Q4 2023

OC Owner/Operated Agency: Longstanding & Fruitful

Anaheim, CA (Orange County)

Asking Price: $150,000

Gross Revenue: $101,214

Cash Flow: $89,214

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1995

Employees: 1

Business Description:
Buyers MUST have a current Progressive appointment to purchase this book.

After building an agency from a startup into one of California’s largest multi-location brokers, the Seller started his own independent agency with a focus on controlled oversight. At one time, employed other agents but made the strategic decision in the last five years to concentrate on developing a smaller reliable book and eliminate the burden of training/dealing with staff.

Today, the book features strong relationships with multiple top California carriers that offer coverage for all Property & Casualty lines. It brings in more than $800,000 in premiums and more than $100,000 in commissions and fees each year.

NDA is required {SUBMIT BELOW} to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:
Not available or included. No location responsibilities or commitments are associated with this offering.

Competition:
It’s a big market and customers are looking for professional-level service in addition to good rates.

Growth & Expansion:
Cross-sales opportunities are great for those with only Auto or Motorcycle policies.

Financing:
Not offered

Support & Training:
To ensure a smooth transition and ongoing success the Seller will work with a buyer as needed; longer as an on-call consultant, or as negotiated before closing.

Reason for Selling:
The Seller plans to retire and hopes to improve his golf game.