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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Insurance Agency - 40% Home Owners Policies

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $100000
Net Profit / Cash Flow  $60000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2010
Number of Employees  1 - 3
Inventory  5000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  4 weeks, 20 hours per week.
Reason for Sale  Other business interests.
Description  Please contact Rick Carlson of Ace Business Brokers at 800-985-4939x375 for further details! Seller sub-lease space to offset the rent charges so the monthly rent is very affordable, less than $1,000 per month for a great location! Has around 400-500 active clients, good mix of home owners written through Farmers FACT program. Rest of the book is non-standard type auto, has some commercial, but less than 10% of the remainder. Writes with the usual carriers, Infinity, Access, Progressive, etc...the location is gorgeous. This is non-portable and dependent on the Buyer signing a lease at the premises in order to retain the book. Seller is Spanish speaking, so non-Spanish speakers would need to retain someone in the office as a CSR to handle the clients. Income is approximately $40,000 Broker Fees and $60,000 renewals. NDA is required for exact business address to do a drive-by or to schedule an appointment to speak to the Seller in person or via conference call. Facilities: Brick and mortar retail location fully built out in a highly visible end-cap signalized plaza. Has a great location at a heavily trafficked intersection in the San Fernando Valley. Pristine turn-key location. Competition: Competition is strong in the Valley, but the Sellers have a sticky book due to the home owner policies that stay on the books as long as people stay in their homes. Growth/Expansion: No life and health sales at this time. Support/Training: 4 weeks, 20 hours per week. Reason Selling: Other business interests.
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