$750,000.00
Asking Price
Address: Los Angeles, 90034.
Status: Active
Posting ID: 292672
5/7/25
Description
Unfortunate losses have resulted in Mercury terminating this appointment. The Seller has 703 policies in force with Mercury Casualty Company and Mercury Insurance Company, dating back to 2012.
A Buyer MUST have sufficient financial credentials to qualify and a Mercury appointment in good standing. Buyers MUST have more than $10 million in premiums to absorb the loss ratios.
The two highest-producing lines are Personal Auto and Personal Property. Personal Umbrella was the fastest-growing line in 2024.
A Mercury representative has approved a sale, as long as it is complete and the transfer is official, before 6/30/2025.
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: Termination of Appointment
To get more information about this Restoration Op - Maximize Mercury Books Potential business for sale in Los Angeles please phone Rick Carlson (Agent) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #292672 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Restoration Op - Maximize Mercury Books Potential, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $750,000.00
Down: Call/Email
Cash Flow: $264,500.00
Revenue: $264,500.00
Area: Los Angeles
City: Los Angeles
Attributes:
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