Hot Listing
OC CA Commercial P&C Insurance Agency For Sale
Business Description
OC CA Commercial 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.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 22
- Number of Employees
- 1
- Facilities & Assets
- No facilities will be included as this is a book roll.
- Market Outlook / Competition
- There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition.
- Opportunities for Growth
- To stimulate growth and broaden the Company's horizons consider cross-selling personal lines to clients.
About the Sale
- Seller Motivation
- The Seller is ready to retire.
- Transition Support
- To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms.
- Financing Options
- TBD if structure and terms are acceptable.
Listing Info
- ID
- 2319709
- Listing Views
- 2133
Listing ID: 2319709 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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