Business for Sale Overview:
This is a 20 year old insurance company that has been around for a very long time. Clients are in the San Fernando Valley area of California, but the clients very rarely come into the office (about 10 per month) out of roughly 1,500 clients total serviced. Book of business includes $880,000 Mercury at 5%, Progressive is $157,000, Victoria $26,000, Homeowners (Mercury included) is $98,000, Fidelity National Preferred $15,000, Superior Access Safeco is $150,000, $30,000 Bristol West, $36,000 Western General, and the remainder is miscellaneous. One folder tells the whole story and has all verifiable books and records for the prospective buyer. Seller will carry if qualified and the deal structure makes fiscal sense. Selling at industry standard multiples, will not last long.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Partnership Split
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.