Profile: L.A. 1.5 Million Insurance Agency Book High Mercury Portable.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$259,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$1,500,000 |
| Annual Adjusted Net: |
$113,000 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
Yes |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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This Is A 20 Year Old Insurance Company That Has Been Around For A Very Long Time. Clients Are In The San Fernando Valley Area Of California, But The Clients Very Rarely Come Into The Office (About 10 Per Month) Out Of Roughly 1500 Clients Total Serviced. Book Of Business Includes $880K Mercury At 5%, Progressive Is $157K, Victoria $26K, Homeowners (Mercury Included) Is $98K, Fidelity National Preferred $15K, Superior Access Safeco Is $150K, $30K Bristol West, $36K Western General, And The Remainder Is Miscellaneous. One Folder Tells The Whole Story And Has All Verifiable Books And Records For The Prospective Buyer. Seller Will Carry If Qualified And The Deal Structure Makes Fiscal Sense. Selling At Industry Standard Multiples, Will Not Last Long. Nda Is Required For Exact Business Identity And To Schedule A Conference Call Or Buyer/Seller Meeting.
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