Description
OFF-MARKET’Q2 2021
Home and Auto Safeco and Nationwide Book of Business
Santa Ana, CA (Orange County)
Seller Financing is NOT Available
Asking Price:
$199,000
Cash Flow:
$60k+ if it’s an existing agency as a tuck-in.
Gross Revenue:
$73,614
EBITDA:
N/A
FF&E:
N/A
Inventory:
N/A
Established:
2013
Employees:
1 part time CSR is all you need.
Business Description
Preferred personal lines book of business for sale – Safeco and Nationwide. Two producers (including the seller) both looking to retire. 582 policies – a mix of home, condo, landlord, and auto. Clients are mostly located in Orange County, with a few in Northern California and a very few in San Diego as well. Very low maintenance book, with clients paying up front or on EFT, very few calls, and no walk-ins. NDA required for Confidential Information Memorandum (CIM) crafted by ProNova Partners {SUBMIT BELOW}.
Detailed Information
Facilities:
No office is included with this sale.
Competition:
There is always competition in the personal lines insurance space with no dominant players. This Company stands out by selling with an extra high level of integrity and has developed a reputation for being a trustworthy agency. Many new customers come simply through client referrals.
Growth & Expansion:
If your business is organized and well-staffed, and takes good care of these customers, renewals can be assured.
Financing:
Cash or Bank Financing ONLY
Support & Training:
Seller will provide 2 weeks of transition time at 20 hours per week