SOUTH GATE, California
| Asking Price |
$450,000 |
Year Established |
1990 |
|
| Annual Revenue |
$298,956 |
Reason for Selling |
Seller is ready to retire. |
|
| Annual P/L |
$0 |
Attention |
Rick Carlson |
|
| Annual Cash Flow |
$60,000 |
Listing Number |
1003060 |
|
| # of Employees |
3 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Founded by a minority entrepreneur, the agency was established in the 1990s with a mission to provide accessible insurance solutions and empower underserved clients. The agency addressed a significant market gap and tailored products for the Hispanic community. By focusing on educating clients via personalized service and multilingual support, the company established a strong reputation and loyal client base.
The agency maintains active appointments with a diverse group of carriers, including Kemper-Infinity, Safeway, National General, Bristol, Foremost, Aspire, Pacific Specialty, First Connect, Thimble, HCC, CNA Surety, Aegis, Lemonade, Bridger, and Agentero MGA. All carrier relationships are in good standing, with no known concerns regarding cooperation or policy transfers.
Buyer must have their own Safeco appointment to be eligible for this acquisition.
As part of its commitment to the community, the business also offers Live Scan fingerprinting, tax preparation, and DMV registration, each of which provides consistent and growing revenue.
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Property Features and Assets:
<p>The business is well established at its current location, a well-traveled commercial boulevard with strong visibility and convenient access. It is approximately 750 square feet. The Seller owns the property and will work with the buyer to lease it at market rate.<br></p>
Market Competition and Expansion:
<p>Competition: Is everywhere, but being entrenched in the community, offering multilingual services and secondary support services makes this business stand out.<br><br>Growth & Expansion: By integrating these policies into their operations, a buyer can quickly expand market share and revenue.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity