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For Sale: Restoration Op - Maximize Mercury Books Potential - Los Angeles, California

$750,000.00

Asking Price

  • Address: Los Angeles, 90034.

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.

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Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682

Details

  1. Asking Price: $750,000.00

  2. Down: Call/Email

  3. Cash Flow: $264,500.00

  4. Revenue:    $264,500.00

  1. Area: Los Angeles

  2. City: Los Angeles

  1. Attributes:

    Broker CooperationTraining & Support

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Related Links & Information Regarding This Posting

Email Rick Carlson Below About This Posting


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