Compare Listings

Description

SOLD ‘Q4 2021

Commercial Insurance Agency Fleet Transportation

Los Angeles Area, CA

Asking Price:

Competitive Auction Format

Cash Flow:

$210,000.00

Gross Revenue:

$650,000.00

EBITDA:

N/A

FF&E:

$5,000.00

Inventory:

N/A

Established:

2000

Business Description

In representation of a commercial transportation, transport and fleet auto insurance agency who have been able to take advantage of cross-selling personal lines with their long-standing client base. Greater than half of their commercial client base serving as personal line clients, they have as well been able to command a greater than standard broker fee fees thanks to very strong and lucrative wholesale and direct appointments (nearly 200 between both) with the ability to place nearly any type of commercial or personal policy.

Very high foot traffic and opportunities for commuting passerby’s, very competitive pricing, tons of direct appointments meaning they can almost always beat the competition in pricing allowing them to charge a hefty commission (broker fee) and their clients literally love them for it – as they’re placing risk at a lower than competitively priced cost where this difference is nominal in the big picture.

Additionally, with a directed marketing effort and with their current structure and foundation, there are near limitless opportunities for growth and direction.

Detailed Information

Employees:

6

Facilities:

CIM covers this, confidential sale.

Competition:

Insurance is a competitive industry but this agency provides tremendous value to clients.

Growth & Expansion:

Abundant growth opportunities, little to no marketing up to this point; literally sky is the limit.

Support & Training:

As needed.

Reason for Selling:

The Owner is considering other opportunities and partial retirement (potentially).

Contact info

Pronova Partners

Inquire about this property

Similar Properties

$700,000$1,600,242
Re-Piping Business

General Service, Miscellaneous Businesses

Pronova Partners

$700,000$1,600,242

General Service, Miscellaneous Businesses

Pronova Partners

$66,000,000$18,910,573
Business for Sale Digitial Marketing Solutions 2018
$66,000,000$18,910,573

General Service

Pronova Partners

Computer & Technology, IT & Software Services, Miscellaneous Businesses

Pronova Partners

$8,000,000

Computer & Technology, IT & Software Services, Miscellaneous Businesses

Pronova Partners

Computer & Technology, Miscellaneous Businesses

Pronova Partners

$600,000

Computer & Technology, Miscellaneous Businesses

Pronova Partners


Frozen Yogurt Shop

Previous Property

SOLD-Frozen Yogurt Shop; Independent, Modern; Xtra Room

Next Property

SOLD – Satellite Telecom and Global Cellular Service Provider for Sale