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For Sale: Wide Reaching Reputable Indy Auto Health Agency - Lawndale, California

$3,100,000.00

Asking Price

  • Address: Lawndale, 90260.

Description

This established, diversified independent agency, appointed by top P&C, Standard and Non-Standard, Auto, Health, and Home Carriers, is offering its Agency or Book of Business. Of the 2700 policies, the P&C distribution is approximately Homeowners -25%, Auto -70%, Commercial -5%, and Healthcare represents 33% of all policies. The retention rate is approximately 86% for P&C and 85% for Health from stable, long-term clients.

Modern Technology has been implemented for greater efficiency, making the operation turn-key and the ability to handle the high volume of premiums.

The Business is well-suited for a growing agency, those that want to expand offerings, and those looking for cross-sales opportunities (with commercial and financial products that this agency does not market heavily), for a steady residual income. The Mercury appointment is from 20 years ago and brings in the most revenue.

NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: Excellent location at a reasonable rate, conveniently located near freeways and several busy communities. The 1500 square foot space with room to spare and expand is $2500 per month.

Competition: Through new marketing and lead generation efforts, competitors do not offer the same competitive carriers or customer service.

Growth & Expansion: The Seller is finalizing a new appointment that will allow writing policies for civil service and government employees. This means greater diversification and opportunities for adding new clients and cross-sales with Home and Auto insurance.

Financing: May be entertained under agreeable terms and conditions.

Support & Training: To ensure a smooth transition and ongoing success the Seller will work with a buyer for a month, longer as an on-call consultant, or as negotiated.

Reason for Selling: The Seller is going to retire and dedicate his time to his real estate holdings.

To get more information about this Wide Reaching Reputable Indy Auto Health Agency business for sale in Lawndale 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 #281085 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Wide Reaching Reputable Indy Auto Health Agency, 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: $3,100,000.00

  2. Down: Call/Email

  3. Cash Flow: $507,000.00

  4. Revenue:    $642,000.00

  1. Area: Lawndale

  2. City: Lawndale

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportOwner/Seller Financing

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