Description
OFF-MARKET ‘Q3 2023
Southern CA Commercial Insurance Agency For Sale
Los Angeles, CA (Los Angeles County)
Asking Price: $170,000
Seller financing not available.
Cash Flow: $60,830
Gross Revenue: $74,830
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Established: 1999
Employees: 1
Business Description:
Established in 1999, this Agency offers customized commercial insurance services designed specifically for the construction industry in Southern California. Boasting a robust client base, cultivated through long-term personal networking, the Company operates out of Yuma, Arizona, while all its clients are located in Southern California. With 60 clients, some of whom have been loyal for over 20 years, the Owner is now prepared for retirement. Operating as an Owner-operated venture without any employees, this presents an easy book roll opportunity for potential
buyers.
NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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:
Cash Sale Preferred.
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:
Seller is ready to retire.