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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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Relocatable Insurance Agency Client Book Of Biz

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $18000
Net Profit / Cash Flow  $12000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  As needed.
Reason for Sale  Other business interests.
Description  Business Description This is a very simple and straightforward acquisition of a book of insurance clients, about 107 policies in force, 88 individuals and 5 businesses. Total gross premium in force of $112k, gross commissions about $13,000.00. There are some health policies also. Main carriers are Infinity, Bristol West/Foremost, FIC, PSIC, etc...mostly non-standard auto policies. Commercial is a small component of the book. Seller nets about $1,500.00 monthly after Broker fee and commission revenue is added up. NDA is required for due diligence package on file with the Ace Business Brokers. Detailed Information Facilities: Portable book of business, Seller shut down his office already. Competition: Insurance competition is always strong. Growth/Expansion: Can add cross-marketing to get more lines of coverage. Support/Training: As needed. Reason Selling: Other business interests.
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