Insurance Agency for Sale in Burbank, California, 75% Commercial & 25% Personal Lines
Insurance Agency for Sale
Commercial agency specializing in Limousine fleets, also with personal auto policies - approx 75% commercial and 25% personal. Highly rated on yelp with loyal clientele. Approx $2.3m in premiums, with commission rates between 10-15% depending on carrier. 98% client retention rate! Excellent roll up opportunity, or take over current office with current staff - you pick. NDA is required for first round package on the book of business.
About the Business
Number of Employees:
Facilities: Currently office setting in San Fernando Valley, portable for anyone that is currently doing business in California. First time clients often come into the office, but after that clientele are used to doing business on the phone. (Relocatable!)
Competition: The Seller has taken good care of the client base and has secured referrals as the main driver of revenue expansion.
Growth & Expansion:
Growth & Expansion: Primarily a renewal book. Good entry level acquisition target if it's someone's first purchase potentially due to price point although experience and insurance underwriting expertise in commercial lines is preferred according to the Seller
Reason For Selling:
$350k cash down, 300k financed at $5k per month for 60 months!
If you are interested in this insurance agency for sale, please contact Karen Rennick at 833-776-6682.
Contact InformationKaren Rennick
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