Non-Captive Insurance Business with Reliable Revenue
Asking Price: | $420,000 |
Gross Revenue: | $259,690 |
FF&E: | $15,000 |
Cash Flow: | $77,447 |
Rent: | $3,000 |
Established Year: | 2004 |
This is an Independent Insurance Business offering a wide array of products. They are Non-Captive and have a reliable customer base providing excellent service to their clients for decades. The business focus is P&C insurance including auto, home, business, health and life among others. They have been successfully operating for two decades and with strong ties to the community providing their essentail knowledge and expertise to their loyal clients. They have enjoyed an outstanding client retention throughout the years with multi-generational clients providing a significant portion of thier book of business.
The business owner is ready to retire and spend more time with family. They are looking for a buyer who will take care of thier clients like family as they have for so many years. This is an outstanding opportunity for anyone in the industry to build upon their existing business. Don't miss this great opportunity!
The business was built from the ground up. In 2001, an insurance broker was born to serve an underserved community in the City of Long Beach California. Initially, the brokerage was to educate and sell car insurance to a community that did not understand how insurance works. Throughout the year, the insurance brokerage gained the trust of the community, where some of the customers who bought an insurance policy in 2001 have stayed with the insurance brokerage, while others, their kids and grandkids have new policies with this insurance brokerage. Twenty-two years later, this insurance brokerage has expanded its service to provide additional services like the DMV registration, and multiple insurance options.
Potential Growth
Limitless growth potential in this industry. Recurring Revenue from clients.
Competitive Overview
Other Independent Insurance Agents and Businesses that provide the same line of products.