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This busy, profitable decades-old service and repair shop has served generations of satisfied high-end foreign automobile owners for years. Located in the South Bay area of LA County and freeway close, it draws customers locally, and from as far away as Orange County. The large garage is fully outfitted with all of the tools and heavy equipment necessary to perform everything from simple services and oil changes to major repairs and overhauls. The office space and customer waiting area are clean, uncluttered and climate controlled for year-round comfort. The business’s highly skilled mechanic is expected to stay on after it is sold, which will help to ease the transition to a new owner. The current owner of the business also happens to be the owner of the property and plans on leasing the spacious lot and building to the new owner at market rate. This turn-key business has good cash flow and will provide a new owner with a nice income. This is a perfect opportunity for a technician seeking to own his own business, or for an existing auto repair and service shop seeking to branch out to a new location.
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This established, diversified independent agency, appointed by top P&C, Standard and Non-Standard, Auto, Health, and Home Carriers, is offering its Agency or Book of Business. Of the 2700 policies, the P&C distribution is approximately Homeowners -25%, Auto -70%, Commercial -5%, and Healthcare represents 33% of all policies. The retention rate is approximately 86% for P&C and 85% for Health from stable, long-term clients.Modern Technology has been implemented for greater efficiency, making the operation turn-key and the ability to handle the high volume of premiums.The Business is well-suited for a growing agency, those that want to expand offerings, and those looking for cross-sales opportunities (with commercial and financial products that this agency does not market heavily), for a steady residual income. The Mercury appointment is from 20 years ago and brings in the most revenue.NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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