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Business For Sale

Independent Insurance Agency

Riverside, CA

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$185,000
$130,728
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
3
661316576
Owner Financing is Available!
TBD

Business Overview:

The business was established in 2005 and writes multiple lines of retail insurance. This is a community based agency that is poised to provide products that are appropriate for the local population which include Standard and Non Standard Auto, low cost Health Insurance, Homeowners, and Commercial choices for the small entrepreneur. The agency has established a solid reputation for honest dealings within the community they serve. . The marketing plan of the business is to develop multiple income streams with their clientele and through superior service and attention to the client’s needs this has been successful and is the main reason the agency enjoys retention rates of 85-90%. The agency aggressively markets their business and has an effective website. The majority of the clientele is Hispanic.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business is located in a 980 square foot storefront in a small shopping center. Ample parking is available. Signage is visible in the marquee at the street, above the location entrance, and on the office windows. The location is very convenient just off a major freeway. The current office arrangement would allow an additional 2 persons without incurring additional facility expense. Desks and network computer workstations are already in place.

Market Competition and Expansion:

The agency relies on honest interaction with their clients, product knowledge, and a multiple policy strategy to compete against both independent and captive agencies. The business strives to place multiple policies in each insured household which both increases retention rates and nurtures client relationships, thus referrals. Due to this strategy the seller indicates that retention rates run 85-90%.

Reason for Selling:

Pursue Other Interests

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.