Property and Casualty Insurance Agency Located in Southern California

Agency Brokerage Consultants Reference #52509656

Talk with one of our Mergers and Acquisitions Specialists today!
321-603-3707

We are pleased to present this business opportunity for your review. Agency Brokerage Consultants is a lower middle market M&A intermediary firm that specializes in the valuations and sales of insurance agencies and brokerages across the country. If you have an interest in the business described below, please contact –
Brenda Sali at 321-603-3707.

We are representing an established independent insurance agency located in the highly populated area of southern California. The agency writes mainly personal non-standard Property & Casualty insurance. The agency’s customer base spans the entire state with most of the agency’s new business generated through purchased leads and referrals. This agency has a successful business model in non-standard insurance and presents an excellent acquisition opportunity.

Top 5 Insurance Carriers Annual Commissions
Alliance $89,961
Infinity $57,238
National General $35,492
Anchor National $32,892
Kemper $32,594

BUSINESS STRENGTHS

  • Excellent growth opportunities
  • Good revenue concentration with carriers
  • Standard market appointments
  • Highly Populated Location

This agency has approximately 2,000 policies in-force as of March 2019.

FINANCIAL HIGHLIGHTS

YEAR 2018 2017 2016
Commission Revenue $736,851 $795,443 $1,016,910
Expenses – Adjusted $521,357 $605,583 $840,372
Discretionary Earnings $215,494 $189,860 $176,538

DEAL STRUCTURE

Asking Price is $1,050,000
to include $44,000 in Working Capital (as direct bill A/R)

Included in the sale will be all furniture, fixtures, and equipment, free and clear of all liens. A detailed Confidential Information Memorandum is available for interested prospects. Third party financing is available for qualified buyers.

INFORMATION SUMMARY

Number of Locations: 1
Employees: 4 (2 PT & 2 owners) & 7 1099 Agents
Reason for Sale: Retirement
Training: As needed short term for transition period

MARKETING AGENT

Agency Brokerage Consultants
3155 Suntree Blvd., #101
Rockledge, FL 32955

Brenda Sali
bsali@agencybrokerage.com
Office: (321) 603-3707

This information is provided for discussion purposes only. No representation is made by intermediary as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.

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