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OC CA Commercial P&C Insurance Agency For Sale

Fountain Valley, CA

Seller Financing Available

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Asking Price:$1,000,000
Gross Revenue:$340,250
Cash Flow:$246,339
Established Year:2003
Listing ID: 2305684Listing provided by BizBuySell
BUSINESS DESCRIPTION

P&C Insurance Agency For Sale

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
Location
Fountain Valley, CA
Inventory
Not Included in asking price
Employees
1
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 consider cross-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.
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Terie
Salinas
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Terie Salinas
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