SOLD ‘Q4 2020!

Portable California RE Related & Commercial Insurance Book of Business

Fresno

(Fresno County)

Zip Code:

93721

Asking Price:

Competitive Auction Format

Cash Flow:

$42,000

Gross Revenue:

$48,000

EBITDA:

N/A

FF&E:

N/A

Inventory:

N/A

Employees: 0

Business Description

This is a very simple and straight-forward ‘book of business’ purchase whereby the Buyer is purchasing approximately $50k in revenue, mostly real estate related (package/GL etc….).

There are 47 clients, all through GA’s, cariers like Liberty Mutual, Evanston, Mesa, Travelers among a dozen others as applicable and appropriate for each client’s risk.

Total policy in force count is 54.

Seller has a variety of other businesses non-insurance related and originally wanted to have this operation to send insurance partially for his other ventures but at this point he just wants to divest the book and focus on the core business opportunities he’s juggling.

NDA is required {SUBMIT BELOW} for the book of business report in Excel, that’s the primary asset a Buyer is securing in this opportunity.

Detailed Information

Facilities:

Portable to an existing operation.

Competition:

Plenty, insurance is a competitive vertical.

Growth & Expansion:

Only focused on the RE and commercial lines, cross sale capacity abounds!

Financing:

None, cash only deals.

Support & Training:

As needed to ensure a smooth transition and max. client retention.

Reason for Selling:

Other business interests.