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Description

SOLD! ‘Q2 2018

Find Auto Insurance Agency for Sale! 

Non-Standard Auto Insurance Agency for Sale in Santa Ana? –  Yes, but hurry!

This ~360 Policy Non-Standard Auto Insurance Agency, in Great Plaza Location will not last!

 

 

Non-Standard Auto Insurance Agency Overview:

  • Seller Financing:  Available
  • Asking Price: $100,000
  • Gross Income: $96,000
  • Cash Flow: $60,000
  • EBITDA: N/A
  • FF&E: $10,000
  • Inventory: N/A
  • Real Estate: N/A
  • Established: 2013
  • Employees: 2

 

 

Insurance Agency – Business Description

  • Perfect owner operator opportunity! This agency is currently operated by the
    Owner.
  • 2 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
  • 3 additional available fully built out workstations for producers.
  • Revenues are about 30% Broker Fee driven & 70% commission driven, with commissions about $5k monthly.
  • Seller also provides DMV registration services along with notary services.

 

Auto Insurance Agency for Sale

 

Detailed Agency Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price:

 

 

Other Agency Information

 

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.

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.

Financing:
$70k Cash Down, $1500k / Month for 20 Months at 0%!

Support & Training:
As needed, this is a pretty simple mostly non-standard auto shop though.

Reason for Selling:
Other business interests.

 

 

Auto Insurance Agency for Sale in Santa Ana

 

Other Business Information

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 ProNova Partners, do not show up
unannounced please per Seller request.

Contact info

Pronova Partners

Inquire about this property

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