$505,000.00
Asking Price
Address: Fremont, 94536.
Status: Active
Posting ID: 286947
6/4/24
Description
This Company offers a diverse range of protections for its clients in Central California including Home, Business, Life, Auto, Workers Comp, and General Liability Insurance. “It’s time to join a fantastic Company that can insure & secure your family!” The owner's focus on community involvement—participating in local high schools, the Chamber of Commerce, and coaching local sports teams—has fostered a strong network and a healthy referral base. A recent remodel and prime location enhance the business's visibility and accessibility, attracting walk-in customers regularly.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: The business is located roadside with 750 SF including a main reception area with two desks for customers and two private offices. The lease is on an annual basis expiring in January of 2025. The business has been here for 3.5 years and the Seller pays $1,585 per month.
Competition: While a competitive market, there have been many changes in the insurance market that will soon create more opportunities as some carriers leave the market. Farmers Insurance remains in the market and working through a restructuring process with the Insurance Commissioner.
Growth & Expansion: The Seller recognizes a need for someone who is good at social media advertising and continued involved in the community to reach as many people as possible.
Financing: TBD if structure and terms are acceptable.
Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling: The Seller is looking to go back to his roots in an unrelated industry.
To get more information about this Captive Insurance Book - Established, Diverse business for sale in Fremont please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286947 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Captive Insurance Book - Established, Diverse, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $505,000.00
Down: Call/Email
Cash Flow: $181,646.00
Revenue: $253,508.00
Area: Fremont
City: Fremont
Attributes:
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