Business Overview:
Seller sub-lease space to offset the rent charges so the monthly rent is very affordable, less than $1,000 per month for a great location!
Has around 400-500 active clients, good mix of home owners written through Farmers FACT program. Rest of the book is non-standard type auto, has some commercial, but less than 10% of the remainder. Writes with the usual carriers, Infinity, Access, Progressive, etc.
The location is gorgeous. This is non-portable and dependent on the Buyer signing a lease at the premises in order to retain the book. Seller is Spanish speaking, so non-Spanish speakers would need to retain someone in the office as a CSR to handle the clients.
Income is approximately $40,000 Broker Fees and $60,000 renewals. NDA is required for exact business address to do a drive-by or to schedule an appointment to speak to the Seller in person or via conference call.
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: Brick and mortar retail location fully built out in a highly visible end-cap signalized plaza. Has a great location at a heavily trafficked intersection in the San Fernando Valley. Pristine turn-key location.
Support/Training: 4 weeks, 20 hours per week.
Market Competition and Expansion:
Competition: Competition is strong in the Valley, but the Sellers have a sticky book due to the home owner policies that stay on the books as long as people stay in their homes.
Growth/Expansion: No life and health sales at this time.
Reason for Selling:
Other business 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.
Resources: