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Established P&C Insurance Agency Seeking 11/27 Close Date

Tulare, CA

Seller Financing Available

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Asking Price:$175,000
Gross Revenue:$78,521
Cash Flow:$11,006
Established Year:1988
Listing ID: 2305181Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established P&C Insurance Agency Seeking 11/27 Close Date

This Agency offers a prime growth opportunity for prospective Buyers. With minimal Seller involvement needed and a bilingual team in place, it’s an attractive investment. Buyers with existing direct appointments with Progressive and Kemper, especially those with larger portfolios, may experience an immediate increase in commissions by leveraging better-negotiated carrier rates. The Agency manages approximately 518 standard policies, covering both personal and commercial lines, and generates $900,000 in premium annually. With a strong foundation built over its 36-year history, this is an exceptional business opportunity not to be missed.

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

DETAILED INFORMATION
Location
Tulare, CA
Inventory
Not Included in asking price
Employees
2
Facilities
There is a small office located in a shopping center. The lease is month to month at a rate of $1,000 a month.
Competition
There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition.
Growth & Expansion
This is an excellent way to expand your Book of Business.
Financing
Seller is looking for cash at close. Willing to carry a small portion if able to clos
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 would like to focus on his other agency that is closer to where he re
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Terie
Salinas
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Terie Salinas
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