BANNING, California
| Asking Price |
$390,000 |
Year Established |
1989 |
|
| Annual Revenue |
$130,804 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$124,247 |
Attention |
Sarkis Kaladzhyan |
|
| Annual Cash Flow |
$0 |
Listing Number |
1010799 |
|
| # of Employees |
|
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Established in 1989, this owner operator group health insurance agency serves groups and self-employed professionals. The 2025 financials indicate $130,804 in commissions. The agency’s book of business is comprised of approximately 90% group medical, 4% dental, 1% vision, and 5% individual policies (which include some medicare policies). Carrier concentration, listed from highest to lowest, includes Elevance Health, Health Net of California, Blue Shield of California, Kaiser, Aetna, and UnitedHealthcare. This is a lean acquisition opportunity for an existing insurance agency, producer, or strategic buyer seeking to expand in the health. and benefits market. Seller is open to staying on for a negotiated period of time to ensure a smooth transfer. For addition information, please contact Sarkis Kaladzhyan.
Property Features and Assets:
<p><br></p><p>This is an owned location of 500 square feet. Seller is active. Hours of operation are 9 pm to 5 pm, Monday to Friday. Life/Health license required. </p>
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity