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Description

OFF-MARKET ‘Q3

Highly Profitable Health and P&C Agency For Sale

Lake Forest, CA (Orange County) (Semi-Relocatable)

Zip Code:  92630

 

Asking Price:

$895,000

Cash Flow:

$331,889

Gross Revenue:

$360,189

EBITDA:             

Available with CIM

FF&E:

Included

Inventory:

N/A

Established:

1991

Employees:

none

 

Business Description

A highly profitable health and P&C agency with very low overhead, offering group and individual health policies, Medicare, Farmers Insurance personal and commercial lines, as well as P&C lines through MGA’s that are outside of Farmers.    This is a very well diversified agency that has profited through economic highs and lows and is projecting growth for 2020.   Excellent acquisition opportunity for a current Health Insurance Agency, or for someone interested in starting a new insurance business.  NDA required for first round packet.

 

Detailed Information

 

Facilities:

Conveniently located office on a major road, inexpensive rent, and two years remaining on the lease.  For ease of transition, Buyer may want to keep this office for the short term.  However, this business is mostly done over the phone and online and is relocatable.

Competition:

Competition always exists among insurance agencies and the market is highly fragmented.

Growth & Expansion:

The Seller has put very little effort into marketing and advertising, relying on referrals and organic search.  A Buyer who continues to take excellent care of the book while focusing on growing market share through targeted marketing efforts will grow this business.

Support & Training:

As needed.

Reason for Selling:

Retirement.

Financing:

Available with the right offer

Contact info

Pronova Partners

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