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Rancho Cucamonga, California
Check Cashing Store - Long Established
$ 75,000
CF : $ 53,000
This is a long-established check cashing business located on a busy street in Rancho Cucamonga. It offers check cashing, money transfers, bill payments, mail boxes, ATM, notary public and live scan fingerprinting. It has a very good lease on a profitable business.
Los Angeles, California
Liquor Store - With Check Cashing, New Lease
$ 950,000
For sale: a liquor store listed at $950,000. The store generates $100,000 in sales, with an inventory valued at $100,000. It handles check cashing transactions totaling $1.3 million per month. The store occupies a 4,000 sq ft space, with rent set at $4,600, including triple net (NNN) charges. Operating hours are from 8 AM to 11 PM, and street parking is available only. We are looking for a buyer qualified in the check cashing business. Please text or email and submit the required NDA form.
Los Angeles County, California
Farmers Insurance Agency - Established
$ 399,000
CF : $ 225,000
Are you a driven entrepreneur or insurance professional looking for a new challenge? Do you want to own a successful business with a strong brand reputation? Look no further! We're offering an exceptional opportunity to acquire a well-established Farmers Insurance agency, with a loyal customer base and a proven track record of success. This agency has a history of providing top-notch insurance solutions to individuals, families, and businesses in the local community. Key Highlights: - Established agency with a strong reputation and customer loyalty - Current book of business at $2,600,000 - Consistent revenue stream and growth potential - Trained and experienced staff in place (Broker will provide training) - Comprehensive training and support from Farmers Insurance - Prime location with high visibility and foot traffic (on Main Road, corner office) - Plenty of parking and walk-in traffic in shopping center Ideal Buyer: - Experienced insurance professionals or entrepreneurs - Those looking for a new challenge or business opportunity - Individuals with a passion for helping others and building strong relationships Asking Price: $399,000 Artesia, Cerritos Contact Information: If you're interested in learning more about this exceptional opportunity, please contact us at realvestgroup2@gmail.com or (714) 860-7276 or (424) 413-1216. Don't miss out on this chance to own a thriving Farmers Insurance agency! For an easy fillable electronic NDA, please copy and paste the link below in your browser and follow simple instructions. https://www.signwell.com/new_doc/qkEFggR6UyP7m0ns/
Los Angeles, California
Mercury Book of Business for Growth Potential!
$ 395,000
CF : $ 264,500
Decade old multi-line Mercury agency has consistently brought in more than $250,000 in annual commission for the last for few years. Currently, with 691 policies in force, Due to loss ratio issue Mercury is no longer permitting new business. The agency can provide endorsements and make policy changes and updates. Client retention rate is 92 percent. A Buyer MUST have sufficient financial credentials to qualify and have an existing Mercury appointment in good standing. The Buyer’s agency should generate at least $2 million in premiums to absorb current loss ratios. The two highest-producing lines are Personal Auto and Personal Property. Personal Umbrella was the fastest-growing line in 2024. Year to date Commissions are $186,157.75 with premiums at $1,615,968. Mercury has approved the sale. Conversations with the regional representative can be scheduled once an LOI has been signed. 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: To ensure client needs are prioritized and well served.
Camarillo, California
Surplus Lines Insurance Agency - Founded 1960s
$ 1,275,000
CF : $ 228,701
This Agency presents an exceptional acquisition opportunity for a buyer seeking to expand in the niche market of Surplus Lines with a well-established foundation. Founded in the mid-1960's, the Agency has built a stellar reputation for serving an educated and licensed group of specialized professionals that continues to expand and grow and whose services will remain a perpetual need. Its tailored insurance program, exclusive agreements with wholesalers, and direct carrier appointments provide a competitive edge in the industry. With recurring client business, stable revenue trends ranging between $400,000 and $500,000, and minimal claims even during challenging market conditions, the Agency offers a unique blend of reliability and growth potential. The Seller’s willingness to sign a non-compete agreement and assist with a smooth transition adds further value, making this a rare and attractive investment opportunity. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: There are no facilities associated with this Agency. Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition. Growth & Expansion: The Agency has significant growth potential, particularly in California, where additional markets, including past clients, can be tapped into. Additionally, the Agency is already recognized in a few other states, providing a foundation for expansion. With the right investment of time and effort, such as being a participant at client events, this specialized program has the potential to scale nationally, unlocking new opportunities and revenue streams. Financing: TBD if structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms. Reason for Selling: The Seller is ready to retire.
South Gate, California
Non-Standard Insurance Agency w/Multiple Revenue Lines
$ 450,000
CF : $ 60,000
Founded by a minority entrepreneur, the agency was established in the 1990s with a mission to provide accessible insurance solutions and empower underserved clients. The agency addressed a significant market gap and tailored products for the Hispanic community. By focusing on educating clients via personalized service and multilingual support, the company established a strong reputation and loyal client base. The agency maintains active appointments with a diverse group of carriers, including Kemper-Infinity, Safeway, National General, Bristol, Foremost, Aspire, Pacific Specialty, First Connect, Thimble, HCC, CNA Surety, Aegis, Lemonade, Bridger, and Agentero MGA. All carrier relationships are in good standing, with no known concerns regarding cooperation or policy transfers. Buyer must have their own Safeco appointment to be eligible for this acquisition. As part of its commitment to the community, the business also offers Live Scan fingerprinting, tax preparation, and DMV registration, each of which provides consistent and growing revenue. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
San Gabriel, California
Commercial Insurance Agency - Asian Speaking
$ 1,850,000
CF : $ 630,000
This 17-year-old commercial-focused agency was started by an ambitious individual looking to serve the San Gabriel Valley’s large Chinese and Vietnamese community by joining a cluster (Access Pro Alliance Insurance Services) to overcome challenges to work with top carriers and steadily grow the company. Today the agency brings in premiums of over $6,500,000 via more than 2,200 policies, and over $700,000 in annual commissions and fees. Personal Lines account for 65% of policies. Commercial Lines account for 32% of policies Health and Life Policies account for the remaining 3% of policies. The book continues to grow thanks to a 50% client referral rate. The Chinese Yellow Pages brings in another 20% of new business while local realtors and loan agent referrals account for another 30%. Buyers can continue to work with the cluster if they choose, but the agreement is no longer enforced. The CRM System is QQ Catalyst and the agency uses FSC Rater for quotes. One full-time CSR and one part-time CSR – who are both multi-lingual – are valued for their language skills and customer service abilities. Buyer Qualifications: Potential Buyers must be fluent in Chinese, Mandarin, Cantonese, and Vietnamese. Only brokers with direct appointments to Mercury and primary carriers will be considered. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The agency operates from a storefront, renting 800 square feet for $1,500 a month. Competition: Insurance is competitive, but the ability to speak the client’s native language provides clear short and long-term advantages. Growth & Expansion: 1. Hire additional staff to support sales and cross-sales. 2. Expand digital marketing and online presence. 3. Increase focus on commercial accounts. Financing: TBD if the structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a Buyer to determine what support is needed. Reason for Selling: The founder is ready to retire.
Fountain Valley, California
PandC Insurance Agency - Commercial
$ 850,000
CF : $ 246,339
This is an excellent opportunity to acquire a 95% commercial small business P&C insurance book, ideal for expanding your existing agency. The client base comprises Mandarin and English-speaking small business owners, primarily in the restaurant industry. Year-to-date (November 2024), the Agency has written $2,483,426 in premiums and earned $342,800 in commissions, compared to $2,299,865 in premiums and $359,234 in commissions in 2023. With nearly $200,000 in premium growth so far this year, the Agency is on track for a 10% year-over-year increase, showcasing its strong growth potential. The top carriers are Travelers, UCA and Berkshire Hathaway. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities will be included as this is a book roll. Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition. Growth & Expansion: To stimulate growth and broaden the Company's horizons considercross-selling personal lines to clients. Financing: TBD if structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms. Reason for Selling: The Seller is ready to retire.
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