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P&C Personal Lines Insurance Agency For Sale

Sacramento, CA

Seller Financing Available

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Asking Price:$800,000
Gross Revenue:$290,708
Cash Flow:$215,085
Established Year:1997
Listing ID: 2314259Listing provided by BizBuySell
BUSINESS DESCRIPTION

P&C Personal Lines Insurance Agency For Sale

This Agency offers an excellent growth opportunity for potential Buyers. It manages a portfolio of approximately 1,043 P&C policies, consisting of 70% standard and 30% non-standard policies. The Business is primarily focused on personal lines (99%), with 1% in commercial lines, and handles approximately $3 million in premium.

With 27 years of experience and a remarkable retention rate of 97%, the Agency has a proven track record of success. Top carriers include Progressive, Kemper, and Travelers. This is a rare and exceptional Business opportunity not to be missed.

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

DETAILED INFORMATION
Location
Sacramento, CA
Inventory
Not Included in asking price
Employees
1
Facilities
The rent is $750 per month, with utilities costing approximately $120 per month. Notably, the rent has remained unchanged since the Agency began leasing the space. The office is 750 square feet, located off a main road in a commercial building with ample parking available.
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 expanding the commercial side of the Agency.
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 Sellers are ready to move and retire from Insurance.
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Terie
Salinas
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Terie Salinas
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