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Recommended Businesses
Tarzana, California
Allstate Insurance Agency - Award Winning
$ 700,000
This is an award-winning agency consisting of a preferred auto/homeowner customer base with high retention, a profitable loss ratio, and a loyal customer base. The agency is located in a professional business area in a highly desirable location in Northwest LA County. There is potential to increase revenues through new and renewal commissions and significant bonus-earning opportunities. It is a turnkey operation with tenured staff, multi-household customers, and compelling earning opportunities. An NDA is required for financial info. Earned premium is $3,420,000. Local and national referrals are available on request. Seller financing is available if necessary, and terms are negotiable. Satisfactory collateral is required.
Los Angeles, California
North Hollywood Cannabis Dispensary for Sale
$ 399,000
CF : $ 230,000
1 of only 200 legal cannabis retail dispensaries in the city of Los Angeles. Closest licensed dispensary to Burbank Airport! We are a retail management company that has recently acquired an operational retail cannabis dispensary located in North Hollywood. The dispensary was previously generating strong revenues prior to a partnership dispute occurring in Q2 of this year. We are now implementing a comprehensive rebrand and relaunch which is underway, including new signage, refreshed interiors, and a “Under New Management” marketing campaign. Management & Operations The dispensary is currently operated under contract by our management company. This structure allows investors to enjoy passive, scalable ownership without requiring cannabis operational experience. The incoming 100% owner retains the right to replace management or further rebrand at their discretion. Transaction Process Per state and city regulations, at closing, the new owner must be added to the entity holding the retail cannabis licenses. We have already structured this process for a seamless and compliant transfer. Pricing Structure: Full Buyout (100%): $399,000 Partial Buyout (60%) $199,000
Lawndale, California
Wide Reaching Reputable Indy Auto Health Agency
$ 3,100,000
CF : $ 507,000
This established, diversified independent agency, appointed by top P&C, Standard and Non-Standard, Auto, Health, and Home Carriers, is offering its Agency or Book of Business. Of the 2700 policies, the P&C distribution is approximately Homeowners -25%, Auto -70%, Commercial -5%, and Healthcare represents 33% of all policies. The retention rate is approximately 86% for P&C and 85% for Health from stable, long-term clients. Modern Technology has been implemented for greater efficiency, making the operation turn-key and the ability to handle the high volume of premiums. The Business is well-suited for a growing agency, those that want to expand offerings, and those looking for cross-sales opportunities (with commercial and financial products that this agency does not market heavily), for a steady residual income. The Mercury appointment is from 20 years ago and brings in the most revenue. NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: Excellent location at a reasonable rate, conveniently located near freeways and several busy communities. The 1500 square foot space with room to spare and expand is $2500 per month. Competition: Through new marketing and lead generation efforts, competitors do not offer the same competitive carriers or customer service. Growth & Expansion: The Seller is finalizing a new appointment that will allow writing policies for civil service and government employees. This means greater diversification and opportunities for adding new clients and cross-sales with Home and Auto insurance. Financing: May be entertained under agreeable terms and conditions. Support & Training: To ensure a smooth transition and ongoing success the Seller will work with a buyer for a month, longer as an on-call consultant, or as negotiated. Reason for Selling: The Seller is going to retire and dedicate his time to his real estate holdings.
San Gabriel, California
Commercial Insurance Agency - Asian Speaking
$ 1,850,000
CF : $ 630,000
This 17-year-old commercial-focused agency was started by an ambitious individual looking to serve the San Gabriel Valley’s large Chinese and Vietnamese community by joining a cluster (Access Pro Alliance Insurance Services) to overcome challenges to work with top carriers and steadily grow the company. Today the agency brings in premiums of over $6,500,000 via more than 2,200 policies, and over $700,000 in annual commissions and fees. Personal Lines account for 65% of policies. Commercial Lines account for 32% of policies Health and Life Policies account for the remaining 3% of policies. The book continues to grow thanks to a 50% client referral rate. The Chinese Yellow Pages brings in another 20% of new business while local realtors and loan agent referrals account for another 30%. Buyers can continue to work with the cluster if they choose, but the agreement is no longer enforced. The CRM System is QQ Catalyst and the agency uses FSC Rater for quotes. One full-time CSR and one part-time CSR – who are both multi-lingual – are valued for their language skills and customer service abilities. Buyer Qualifications: Potential Buyers must be fluent in Chinese, Mandarin, Cantonese, and Vietnamese. Only brokers with direct appointments to Mercury and primary carriers will be considered. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The agency operates from a storefront, renting 800 square feet for $1,500 a month. Competition: Insurance is competitive, but the ability to speak the client’s native language provides clear short and long-term advantages. Growth & Expansion: 1. Hire additional staff to support sales and cross-sales. 2. Expand digital marketing and online presence. 3. Increase focus on commercial accounts. Financing: TBD if the structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a Buyer to determine what support is needed. Reason for Selling: The founder is ready to retire.
Los Angeles, California
Restaurant for Sale Inside Major Shopping Mall in Los Angeles
$ 70,000
CF : $ 139,620
A well-established Korean-Chinese restaurant is now available for sale as an Asset Sale (As-Is Condition). Operated by the same owner since 2016, this restaurant combines authentic Korean-style Chinese cuisine with popular American-Chinese dishes such as Orange Chicken and Mongolian Beef. Known for its consistency, clean interior, and positive online reviews, the business has built a steady base of loyal customers including local professionals, families, and casual diners. The space features an inviting interior with approximately 40 indoor seats and an additional 10-seat outdoor patio. It operates with a reliable kitchen team, allowing the owner to focus mainly on cashiering, purchasing, and management without needing kitchen experience. If a buyer wishes to keep the current concept, the owner will provide full training. Alternatively, the existing kitchen and layout make it easy to convert into another concept such as Korean street food, Asian fusion, or a dessert café without major remodeling. Business Overview Size: Approx. 1,600sf indoor (about 40 seats) + 200sf patio (about 10 seats) Business Hours: 11:00 AM – 8:30 PM (Closed Sundays) Staffing: 3 full-time, 1 part-time (2 kitchen, 2 front) Established: October 2016 Monthly Sales: Approx. $60,000 Monthly Net Income: Approx. $11,635 Asking Price: $70,000 (reasonable based on sales) Lease Terms: Rent $4,550 + CAM $1,750 / 3% annual increase / 2 months deposit / 3 years + 5-year option License: Includes Alcohol License Key Highlights Asset Sale (As-Is Condition) with full kitchen and fixtures in place Flexible concept change allowed, suitable for various food styles Stable operation with consistent sales and well-trained staff Owner provides training if buyer wishes to continue current menu Easy to operate even without kitchen experience Alcohol License included for additional revenue potential Positive reputation and loyal customer base built over many years
Los Angeles, California
Mercury Book of Business for Growth Potential!
$ 599,000
CF : $ 264,500
Decade old multi-line Mercury agency has consistently brought in more than $250,000 in annual commission for the last for few years. Currently, with 691 policies in force, Due to loss ratio issue Mercury is no longer permitting new business. The agency can provide endorsements and make policy changes and updates. Client retention rate is 92 percent. A Buyer MUST have sufficient financial credentials to qualify and have an existing Mercury appointment in good standing. The Buyer’s agency should generate at least $2 million in premiums to absorb current loss ratios. The two highest-producing lines are Personal Auto and Personal Property. Personal Umbrella was the fastest-growing line in 2024. Year to date Commissions are $186,157.75 with premiums at $1,615,968. Mercury has approved the sale. Conversations with the regional representative can be scheduled once an LOI has been signed. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities are included with this transaction. Competition: Established Mercury policies are highly sought after. Growth & Expansion: By integrating these policies into their operations, a buyer can quickly expand market share and revenue and potentially qualify for higher bonuses. Support & Training: To ensure a smooth transition and ongoing success, the Sellers will work with a buyer for one month, up to 10 hours a week. Reason for Selling: To ensure client needs are prioritized and well served.
Los Angeles, California
Liquor Store - With Check Cashing, New Lease
$ 950,000
For sale: a liquor store listed at $950,000. The store generates $100,000 in sales, with an inventory valued at $100,000. It handles check cashing transactions totaling $1.3 million per month. The store occupies a 4,000 sq ft space, with rent set at $4,600, including triple net (NNN) charges. Operating hours are from 8 AM to 11 PM, and street parking is available only. We are looking for a buyer qualified in the check cashing business. Please text or email and submit the required NDA form.
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