SOLD-Non-Standard Auto Insurance Agency for Sale – (Orange County, CA)

SOLD! ‘Q2 2018

Find Auto Insurance Agency for Sale! 

Non-Standard Auto Insurance Agency for Sale in Santa Ana? –  Yes, but hurry!

This ~360 Policy Non-Standard Auto Insurance Agency, in Great Plaza Location will not last!

Non-Standard Auto Insurance Agency Overview:

• Seller Financing:  Available
• Asking Price: $100,000
• Gross Income: $96,000
• Cash Flow: $60,000
• EBITDA: N/A
• FF&E: $10,000
• Inventory: N/A
• Real Estate: N/A
• Established: 2013
• Employees: 2

Insurance Agency – Business Description

• Perfect owner operator opportunity! This agency is currently operated by the
  Owner.
• 2 part time Spanish speaking CSR’s
• The two employees put in about 20 hours per week, the other is at 30 hours per week, and are non-licensed.
• Most of the business is with Bristol West, National General, Infinity, Access, SCJ, Multistate and a
  few others.
• 80% Auto insurance, 10% Commercial, 10% Home is the rough breakdown
  of coverages within the book.
• Beautiful office build out room to expand and add additional agents if the Buyer chooses to pursue that route
• 3 additional available fully built out workstations for producers.
• Revenues are about 30% Broker Fee driven & 70% commission driven, with commissions about $5k monthly.
• Seller also provides DMV registration services along with notary services.

Detailed Agency Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price:

Other Agency Information

Facilities:
In a heavily trafficked strip center plaza, anchored by a massive Latino grocery
store, Starbucks, and tons of other food/miscellaneous enterprises in the center
with tons of traffic day & night. Plenty of parking.

Competition:
Competition is strong, there’s a few agencies around the general vicinity of this
one.

Growth & Expansion:
Seller has only focused on auto, ability to round out the book hopefully subject to
Buyer’s capacity to do so.

Financing:
$70k Cash Down, $1500k / Month for 20 Months at 0%!

Support & Training:
As needed, this is a pretty simple mostly non-standard auto shop though.

Reason for Selling:
Other business interests.

Other Business Information

NDA is required for further details and to do a drive-by to check things out from a distance, since this is a
confidential sale and the employees are unaware & the Seller wants to keep it that way.

Appointment required to be facilitated through ProNova Partners, do not show up
unannounced please per Seller request.