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Tarzana, Los Angeles County, California
Asking Price
$700,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ralph Cummings
Phone: Show phone number
Name
Ralph Cummings
Phone
Show phone number
Posting ID:
278588
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For sale is a well-established 23-year agency in beautiful Naples, FL; only minutes from the beach. It is well-managed with seasoned staff to transition to a new owner. It has almost $7 million in total premium that consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in gross sales as well as life/financial services. The agency has a low loss ratio and customer loyalty has created excellent retention in the book. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won't last long on the market. The asking price is $1,994,000. An NDA is required. The earned premium is $6,700,000 including brokered book. Local and national lenders are available upon request. For seller financing, if necessary, terms are negotiable. Satisfactory collateral is required. A 1,580 sq ft. location is available, near a large real estate office, bank, Publix, restaurants, hair salon, veterinarian, and dry cleaner. They have excellent signage and visibility. There are 7 workstations with computers. They have a 3-year lease, which renews in July 2025. Rent is $2,435/month. All F&E to convey. Confidential until NDA signed. (H)
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Saint Charles County, Missouri
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For sale is an established, $1.5 million ECP agency in dynamic and growing St. Peters, MO, just outside of St. Louis. The agency consists of a preferred auto and homeowner customer base with an excellent opportunity for growth in cross sales, as well as life/financial services. This agency sale creates a wonderful opportunity as it is a turnkey operation. The current owner is available to assist with transition and guidance. This won't last long on the market. The office is in a professional complex with high traffic, good visibility, and signage; approximately 1,620 sq ft with 7 workstations. Neighboring businesses include financial services, chiropractors, and insurance. Rent/Lease Terms: 3-year lease with renewal options, current lease expires Sept. 2023. Rent/Lease Rate: $1,620 per month. F&E Available: Furniture and equipment convey. Years In Business: Almost 2 years in this location. Location Photos: Available upon request. Current Agency Staffing: Three seasoned sales professionals with one customer service. Annual New/Renewal Revenues: Confidential until signed NDA received. Earned Premium: $1.5 Million. Bank Financing Available: Local and national lender referrals are available upon request. Seller Financing Available: If necessary, terms negotiable; Satisfactory collateral required. Detailed Financial Reports: Confidential until signed NDA received.
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