$1,275,000.00
Asking Price
Address: Camarillo, 93011.
Status: Active
Posting ID: 290522
2/7/25
Description
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.
To get more information about this Surplus Lines Insurance Agency - Founded 1960s business for sale in Camarillo please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #290522 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Surplus Lines Insurance Agency - Founded 1960s, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $1,275,000.00
Down: Call/Email
Cash Flow: $228,701.00
Revenue: $451,131.00
Area: Camarillo
City: Camarillo
Attributes:
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