Small portable book of business with a couple hundred clients up for grabs. This is an Allied book of business with excellent loss ratios and healthy renewals. Seller would like a quick sale as she anticipates lots of international travel coming up and will not be available to take good care of her clients. NDA is required for first round package on the book of business being sold by Ace Business Brokers, Inc.
Facilities: Completely portable for anyone that is currently licensed and doing insurance business in California.
Competition: The Seller has taken good care of the client base. Competition always exists, but as long as new Owner makes a seamless transition, most of these clients should renew.
Growth & Expansion: Primarily a renewal book. Good entry level acquisition target if it's someone's first purchase potentially due to price point. Must have a producer, CSR, or partner at the Buyer's enterprise that speaks Mandarin Chinese to facilitate retention of the book of business.
Support & Training: As needed.
Reason for Selling: Retirement.