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Michele McLain Contact This Broker
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Well-Established Insurance Agency Specializing In Property & Casualty

Los Angeles, California : Insurance

Make Sure you check this out! Here is a great chance to own a well-established insurance agency specializing in property and casualty insurance. This golden business opportunity has huge potential and plenty of room to grow, as it is located in a very busy well-known Super Market, which is responsible for the continuous foot traffic and walk-in prospects. One stop shopping is key here along with excellent customer service. Many clients decide to come to this insurance agency when they have the same carrier because of the convenience of handling their insurance payment or making a change of carriers while they do their grocery shopping or banking. So, it is not surprising that 50% of the clients are from the Super Market alone. The agency is in good standing with the State of California Department of Insurance, and covers all kinds of insurance such as; auto, home, business, life, and specialty lines. Currently serving 1000 customers, the database has over 1500 clients in addition to the several thousand prospective clients that have not been tapped into as of yet. The current owner of six years has grown the business but has not done any advertising or marketing to increase revenues. Right now there are no employees and is owner-operated run however, the office is set up for two agents with computer and printer stations ready to go. This is an excellent opportunity for a multiple agency owner to add this busy second location. Great priced lease and tons of parking. The seller is motivated as he is moving out of state but will stay on for training and insure a smooth transition to the new owner. Serious inquiries only. A Confidentiality Agreement will be required. Please do not speak to the owner or any employees on the premises or surrounding areas.

Asking Price:

$185,000

Gross Income:

$130,000

(last 12 months)
Cash Flow:

$100,000

(last 12 months)
Inventory Value:

Undisclosed

Year Established: 2001 Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: Yes Home-based: No
FF&E Value: Training provided Yes
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage:

Contact Seller for Additional Information

If you are interested in finding out more information, please contact the seller.


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