BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

15 Year Old Insurance Agency 400 Active Clients

Downey, CA

Services: Financial, Accounting, Insurance

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$59,000
$76,384
Not Disclosed
$30,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
1
997427574

Business Overview:

This nonstandard auto agency has been located in the same strip plaza for over 15 years and represents an excellent opportunity for a newly licensed agent to buy into a steady book of business for a modest purchase price. Over 400 policies in force and many old files that a new owner could re-market to, this agency primarily focuses on automobile insurance. Presently they write about 30 to 40 new policies a month, and have the Hawk Soft agency management system. Top carriers in terms of revenue are Infinity, Access, Progressive, Carnegie, Arrowhead, 21st Century, GMAC( General Motors Acceptance Corporation ). Non Disclosed Agreement is required for exact business address, financial profile and/or to speak to the owner.

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: Retail strip center auto insurance location. Desks, chairs, computers, phones, fully equipped build out. Support/Training: 2 weeks minimum, more if a newly licensed agent.

Market Competition and Expansion:

Competition: Competition is strong in the auto insurance space, however, this business has been around for over 15 years and in the same plaza the entire time so there is exceptional goodwill. Growth/Expansion: Only focuses on auto right now, so expand the cross selling capabilities of the owner operator and other revenues should increase.

Reason for Selling:

Relocation out of the country to care 4 parent.

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.