Virtual Personal Lines Insurance Agency For Sale - Los Angeles County

Originally founded in 1988 as a Farmers Insurance Agency, the Agency was founded as an independent insurance agency in 2004. For sale at $522,000.00 (or 3X 2018 YTD Gross Commissions of $174,000.00), the agency Owner has full ownership of this 100% virtual personal lines insurance agency which has been run by agent with no employees for over 10 years.

With a technology Focused customer service model, and personal meetings and reviews as requested by the Clients, a new agency owner can penetrate the fast growing Montgomery, TX market all while being based from your current location!

While the Agency Book of Business is focused primarily on Personal Lines Insurance, the Agency Revenue Mix is composed of 90% Personal Lines Revenue and 10% Commercial Insurance Revenue, and has traditionally had high retention after carrier transitions.

With Agency Commissions tracking at approximately $174,000 through October 2018, this book of business has consistently booked gross commissions in excess of $190,000.00.

What's an ideal transaction? The Agency Owner is open to full sale of the Agency for $522,000.00 or 3X 2018 YTD Gross Commissions, with a transition/consulting period and potential owner financing available. The Ideal Buyer is a local, regional or national independent insurance agency looking to expand their footprint into the growing Montgomery County, Texas Market.

NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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The listing # 248600 Virtual Personal Lines Insurance Agency - Los Angeles County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Virtual Personal Lines Insurance Agency in Los Angeles County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

  Recent Listings By Related Business Types And Locations (See More Listings)
Available: Commercial Insurance Service - Los Angeles
Posting #: 253878
Status: Active
Refreshed: 2/18/2020

Contact: Rick Carlson
Phone: 833-776-6682
Phone: None Given

Price: $1,695,000
Adj Net: $535,363
Down: Call

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA Large, portable, construction-heavy book of commercial business is the result of six strategic acquisitions over eight years now offered as a collective opportunity for an established agency.
Available: Commercial Insurance Company - Los Angeles County
Posting #: 256766
Status: Active
Refreshed: 2/18/2020

Contact: Rick Carlson
Phone: 833-776-6682 X826
Phone: None Given

Price: $2,700,000
Adj Net: $540,000
Down: Call

Large book of commercial accounts, ~600 clients split (40% WC / 40% GL / 20% Commercial Auto & the rest no benefits). Has a direct State Fund Appointment, and acquirers with a direct appointment would likely have an easier go of it. Clients are spread across California 80%, other states included.
Available: Farmers Insurance Agencies - 2 Available - Conejo Valley Area
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Status: Active
Refreshed: 2/18/2020

Contact: Vince Vartanian
Phone: 805-527-8797
Phone: None Given

Price: Call / Email
Adj Net: Call / Email
Down: Call / Email

2 Agencies in Conejo Valley. Can be purchased separately or combined. Both are Farmers Agency with Preferred clientele. Asking price is 1.5 times the Renewal Commission. The terms are negotiable.
Available: Insurance Agency - Los Angeles
Posting #: 247958
Status: Active
Refreshed: 2/13/2020

Contact: Rick Carlson
Phone: 833-776-6682 X795
Phone: None Given

Price: $275,000
Adj Net: $41,979
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A total of 402 insurance policies created gross revenues of nearly $195,000 (in 2017) at this 37-year-old agency. 60% of accounts are commercial, 30% are personal, and 10% are life/health related. High percentage of reoccurring clients speak primarily English and Japanese.
Available: Insurance Brokerage Firm - Inglewood, Los Angeles County
Posting #: 258613
Status: Active
Refreshed: 2/18/2020

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Phone: 714-474-1216

Price: $195,000
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Established Insurance Brokerage specializing in Property & Casualty Insurance. Current and active book of Business with brand name carriers such as Infinity, Formost, Kemper, and Others. Consisting of Personal and Commercial lines - accounts. Buyer should to be a Licensed Insurance Broker.
Available: Trucking Insurance Agency - Riverside County Area
Posting #: 260557
Status: Active
Refreshed: 2/16/2020

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Secure this portable opportunity as a perfect roll up acquisition for a large agency looking for a loyal Western United States trucker clientele. Must be a trucking focused agency or at the bare minimum have existing staff members that are friendly, knowledgeable and focused on trucking and transpor
Available: Allstate Insurance Agency - Relocatable - San Francisco
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Status: Active
Refreshed: 2/5/2020

Contact: Joe Sales
Phone: 714-363-0440
Phone: 714-928-5138

Price: $490,000
Adj Net: $250,000
Down: SBA Loan 25% down

This Agency is a Franchise with Allstate Insurance Company. There are no royalty or transfer fees. Buyer must have a Casualty License and a Life & Health License or obtaining one. Current owner has a trained staff. Located in San Francisco Area. Beautiful Location. Fantastic Lease $1,700 per month.
Available: Insurance Company - Orange County
Posting #: 258838
Status: Active
Refreshed: 2/19/2020

Contact: Rick Carlson
Phone: 833-776-6682 x835
Phone: None Given

Price: CALL
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Insurance company is a niche industry - specializing in serving used car dealers in the State of California - the business provides high-profit surety bonds, garage liability, and a full line of commercial insurance products. Commercial lines are comprised of Bonds, P&C, and Garage Liability.
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Status: Active
Refreshed: 2/14/2020

Contact: Ron M. Centers
Phone: 877-832-6494
Phone: None Given

Price: $349,900
Adj Net: $96,733
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Available: Insurance Claims Financial Investigation Service - Southern California
Posting #: 252119
Status: Active
Refreshed: 1/20/2020

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The company provides investigative services for various insurance claims to verify validity of the claims. They also work with many lending institutions to provide investigative services against any mortgage fraud including but not limited to mortgage fraud.
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Bob Baumgarten, Business Broker: Southern California

National Business Brokerage is a full service brokerage company that has been serving buyers and sellers of Southern California businesses since 1994. We are dedicated to providing the highest standards of professional service for our clients. Phone Bob direct at 949-292-2008.

William Park, Business Broker - Southern California

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Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success.

Rick Carlson, Business Broker - Southern California

You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. Phone Rick direct at 800-985-4939.

Shalonda Chappel: Escrow & Bulk Sale Services - Southern California

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