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Recommended Businesses
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.
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
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.
Los Angeles County, California
Farmers Insurance Agency - Established
$ 399,000
CF : $ 225,000
Are you a driven entrepreneur or insurance professional looking for a new challenge? Do you want to own a successful business with a strong brand reputation? Look no further! We're offering an exceptional opportunity to acquire a well-established Farmers Insurance agency, with a loyal customer base and a proven track record of success. This agency has a history of providing top-notch insurance solutions to individuals, families, and businesses in the local community. Key Highlights: - Established agency with a strong reputation and customer loyalty - Current book of business at $2,600,000 - Consistent revenue stream and growth potential - Trained and experienced staff in place (Broker will provide training) - Comprehensive training and support from Farmers Insurance - Prime location with high visibility and foot traffic (on Main Road, corner office) - Plenty of parking and walk-in traffic in shopping center Ideal Buyer: - Experienced insurance professionals or entrepreneurs - Those looking for a new challenge or business opportunity - Individuals with a passion for helping others and building strong relationships Asking Price: $399,000 Artesia, Cerritos Contact Information: If you're interested in learning more about this exceptional opportunity, please contact us at realvestgroup2@gmail.com or (714) 860-7276 or (424) 413-1216. Don't miss out on this chance to own a thriving Farmers Insurance agency! For an easy fillable electronic NDA, please copy and paste the link below in your browser and follow simple instructions. https://www.signwell.com/new_doc/qkEFggR6UyP7m0ns/
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.
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.
Los Angeles County, California
Convenience Store
$ 65,000
This is a mom-and-pop convenience store with beer and wine in a populated area of Los Angeles County. Extra income comes from a lotto/lottery and ATM. The annual gross is $276,000. The asking Price is $65,000, Rent $1,800, Size 1,400 sq ft, beer and wine.
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