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360-Policy Non-Standard Auto Insurance Agency for Sale in Santa Ana, California

Insurance Agency for Sale

 

Business Overview:

Perfect owner operator opportunity ideally, as this business is currently operated by the Owner with two part time Spanish speaking CSR's. The two employees put in about 20 hours per week, the other is at 30 hours per week, and are non-licensed. Most of the business is with Bristol West, National General, Infinity, Access, SCJ, Multistate and a few others. 80% Auto insurance, 10% Commercial, 10% Home is the rough breakdown of coverages within the book. Beautiful office build out, room to expand and add additional agents if the Buyer chooses to pursue that route as there are three additional available fully built out workstations for producers. Revenues are about 30% Broker Fee driven & 70% commission driven, with commissions about $5,000 monthly. Seller also provides DMV registration services along with notary services. NDA is required for further details and to do a drive-by to check things out from a distance, since this is a confidential sale and the employees are unaware & the Seller wants to keep it that way. Appointment required to be facilitated through Ace Business Brokers, do not show up unannounced please per Seller request.

Asking Price:  $100,000

Annual Revenue:  $96,000

Cash Flow:  $60,000

Owner Financing is Available!

$70,000 Cash Down, $1,500K / Month for 20 Months at 0%!

Property Features and Assets:

Furniture, Fixtures, & Equipment (FF&E): Included in asking price Facilities: In a heavily trafficked strip center plaza, anchored by a massive Latino grocery store, Starbucks, and tons of other food/miscellaneous enterprises in the center with tons of traffic day & night. Plenty of parking. Support & Training: As needed, this is a pretty simple mostly non-standard auto shop though.

Market Competition and Expansion:

Competition: Competition is strong, there's a few agencies around the general vicinity of this one. Growth & Expansion: Seller has only focused on auto, ability to round out the book hopefully subject to Buyer's capacity to do so.

Reason for Selling:

Other business interests.

If you are interested in this insurance agency for sale, please contact Rick Carlson at (800) 985-4939 or rickcarlson@acebusinessbrokers.com.

Contact Information

Rick Carlson
RickCarlson@AceBusinessBrokers.com
Phone: 800-985-4939

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