Looking for a buyer.
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###-###-#### 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
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.
listing type
exclusive representation
exclusive representation
industry
Insurance
Insurance
location
Fountain Valley, CA, USA
Fountain Valley, CA, USA
revenue
$340,250
$340,250
ebitda
$246,339
$246,339
proposed price
$1,000,000
$1,000,000
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