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Recommended Businesses
Online / Remote
Allstate Insurance Agency - Highly Trained Staff
$ 1,900,000
Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 21% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. This is one of the Premier Elite Agencies with Allstate Insurance Company. It has a 49% Loss Ratio and 90% Retention. The Staff is highly trained and Manager has been with the Agency over 15 years. The Lease is excellent at $2000 per month and has 1000 sq. ft. Allstate provides world wide trips for its Agents when they qualify on production. Totally paid for by the Company with spouse also included. Agent is retiring but will totally be involved with training. Allstate is a growth-oriented company and does not limit its agents on how much they can write in the Casualty Business. There are Underwriting Guidelines that need to me maintained in order for the company to be profitable, but each agent knows what they are, receives ongoing training for Owners and Staff Associates. Allstate gives the training for the purchase of an Agency. The current Seller will stay, and train for 30 days then be available for ongoing virtual training. The manager is capable of managing the office for extended periods of time. Contact Dale Huffman at 714-928-5138.
Los Angeles, California
Mercury Book of Business for Growth Potential!
$ 599,000
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.
Online / Remote
Allstate Agency - Insurance Industry
$ 290,000
CF : $ 120,000
The Agency has an excellent Loss Ratio and a nice Retention Ratio. It is open 5 days a week 9:00 am to 5:00pm. The owner has set up Customer Service which attracts many new Buyers of all types on insurance sales. Allstate Insurance now provides world wide trips for the Agent and his significant other. This is fully paid for by the company. Note call Dale Huffman 714-928-5138
Stanislaus County, California
Insurance Agency - Fully Licensed Staff
$ 2,399,400
CF : $ 987,394,300
Elite Allstate Agency located in Northern California. The staff is fully licensed with Casualty Licenses and Life & Health Licenses. They have been with the Agency an average over 10 years. Loss Ratio is in 40's percental. Retention in 80's percental. The Seller has trained the staff to handle all Service and Claim issues on a daily basis. The Office Manager is trained to administer any issues that come up with the size of this mega agency. Allstate allows agents to buy additional agencies when the agent desires to expand and has attained the qualifications for acquisition. Contact Dale Huffman 714-928-5138 The Company also sends their Qualified Agents on World wide trips with their significant other completely paid for by the company.
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.
San Joaquin County, California
Insurance Agency - Excellent Loss Ratio Retention
$ 1,183,695
CF : $ 475,000
This Allstate Agency is at Elite Status. The Staff is highly trained and have been with Agency over ten years. Agents can buy additional Agencies if they qualify and have met their production goal established by the company
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.
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