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Business For Sale

Insurance Agency 600 Clients $3k Renewal $7k BF

North Hollywood, CA

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$69,000
$120,000
Not Disclosed
$60,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2011
1
194327574
Owner Financing is Available!
If the price and deal structure is right.

Business Overview:

Seller built the location out from scratch, and through aggressive marketing and a great location has built up a solid book of 600 clients at this primarily non-standard auto shop. Carriers by revenue include 1) Access 2) Infinity 3) Explorer 4) Viking. 95% Auto, 4% Commercial, 1% Home owners insurance policies on record. Also does DMV registrations, Western Union. Plenty of under utilized space to either add a tax practice or travel agency as there are open desks ready for additional service or agents to garner more business. Landlord is great to deal with, lease is below market when taking into account the premium signage and location in North Hollywood. NDA is required to get the exact business address. Confidential sale, do not speak to employees. Books and records only to be released after Buyer approves location and schedules appointment to meet with Seller and Broker. If the Seller approves Buyer, Buyer gets access to the real-time reporting spreadsheets of all policies in force and production data year to date.

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:

Facilities: Street front retail with huge signage both over the office itself, and prominent monument signage at the very top right by the heavily trafficked street. Support/Training: 2 weeks, 30 hours per week.

Market Competition and Expansion:

Growth/Expansion: Continue doing what the Seller is doing, Financing: If the price and deal structure is right.

Reason for Selling:

Girlfriend resides in Bay Area ~ Relocation.

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.