Description
SOLD ‘Q1 2023
Personal P&C Insurance Agency in AZ For Sale
Phoenix, AZ (Maricopa County)
Asking Price: $50,000 (OR BEST OFFER ABOVE $50K….)
Cash Flow: $14,492
Gross Revenue: $20,492
EBITDA: See CIM
FF&E: N/A
Inventory: N/A
Established: 1957
Employees: 0
Business:
This is an excellent acquisition target for a buyer who is looking to expand their book of business, or perhaps get started in the industry. The Company was founded in 1957 by the Owner’s father. The Book of Business is composed of approximately 306 policies across 6 carriers, with most clients having two policies, one in home and one in auto insurance.
Good book for cross-selling.
NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
No facilities. All Virtual.
Competition:
There is always competition for P&C insurance. The Seller has grown the Company through its local reputation.
Growth & Expansion:
Primarily a renewal book with some growth potential through providing excellent customer service and by offering additional products to these clients.
Financing:
None.
Support & Training:
Seller is offering 4 weeks at 10 hours per week to transition the book.
Reason for Selling:
Seller is ready to retire.