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For Sale: Commercial Insurance Service - Los Angeles

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Current Status: Active     Posting #: 253878     Last Refreshed: 9/18/19     BRE License #: 01820673    
Contact: Rick Carlson At 833-776-6682  -  Also Email This Contact Below
Price:  $2,600,000     Down:  Call     Adjusted Net:  $535,363     Revenue:  $808,241    
Business Address:  825 Wilshire Blvd. #536     City:  Los Angeles     Zip:  90602    
Attributes:  Financial Assistance, Training & Support, Relocatable, Owner Financing     Cooperation With Brokers?  No

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  Description About This Posting: Commercial Insurance Service
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 to cross-sell its way to long term profitability or fast-track a new agency's launch. Since 2012, the company has specialized in construction-trade coverage and successfully grown into a robust and certifiable big book of business. Clients come from a broad geographical area and an immense range of trades seeking Worker's Comp, general business liability and basic E&O coverage. The complexities of commercial mean that strong relationships are needed to for retention and to ward off internet shoppers. All files are loaded into AMS 360 for easy post-closing transition. A purchase will also include six active domains, some of which are generating inbound leads daily, plus all toll-free phone numbers that ring with new and recurring business. NDA is required for release of 25 page comprehensive Confidential Information Memorandum crafted by us.

Detailed Information

Facilities: Relocation encouraged. Space is currently integrated with Seller's other business.

Competition: A competitive space but relationships keep retention high. Organic growth is expensive; acquisitions have been the fast track to sustainable progress.

Growth & Expansion: A tactical Buyer will capitalize on cross-selling opportunities then foray into growing emerging EPLI and protection against cyber-crimes and IT failures.

Financing: Seller will carry long-term for highly-qualified Buyers with a substantial down payment.

Support & Training: 4 weeks @ 20 hours per week.

Reason for Selling: Taking over another family business.

To get more information about this Commercial Insurance Service business for sale in Los Angeles 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 #253878 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Commercial Insurance Service, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Peter Siegel, MBA, BizBen Founder, Lead Facilitator - ProBuy, ProSell

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Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence

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Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Helen Yoo, New Century Escrow - Escrow Services In Southern California

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Shalonda Chappel-Pilgram: Escrow & Bulk Sale Services - Southern California

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