Tarzana, San Fernando Valley, California, Business Broker - MKL

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Insurance Agency Marine P&C Most States CA Corp
Insurance Agency Marine P&C Most States CA Corp

Profitable Niche Marine P&C Insurance Agency Operating Online And Selling In 43 States Since 1988 Is Now For Sale Due To Retirement Of Owner.

This Agency Is Located On The West Coast Of California But Is Movable So It Can Be Relocated And Operated In Any State.

Existing Producers Would Like To Stay And Are Capable Of Managing This Agency.

The Seller Is Selling This Highly Profitable Corporation Which Is A C Corporation. This Book Of Business Focuses Mainly On Personal Boat Insurance But Has Some Commercial Clients. This Agency Receives Inbound Lead Calls Via Their Website From Prospects In Most States.

Buyer Must Already Be Licensed In Most States To Be Considered And Must Be Financially Capable Of Paying Cash For This Opportunity As Seller Will Not Carry.

Seller Is Highly Motivated But Will Not Carry A Note.

1. Gross Commission: $1,200,000
2. Direct Carrier Contracts
3. Excellent Retention
4. Sale Price: $2,250,000.

High Growth Potential. No Current Cross Selling Of Other Products Such As Auto Or Home Is Done So There Is Plenty Of Growth Potential Considering Most Existing Clients Are Categorized As Upper Income.

This Is An Excellent Opportunity In A Unique Niche Without A Lot Of Competition.

SALE PRICE is $2,250,000.

Call Now!

Reference #: 120497

Industry: INSURANCE AGENCY - Marine P&C - CA
Industry Segment: P & C - Focused on Marine Personal Lines - Preferred
Geography: CA - North Los Angeles County
Asking Price: $2,250,000
Gross Revenue: $ID 120497
Cash Flow: $1,200,000
Value of Inventory:
Value of Equipment:

Year Established: 1988
Number of Employees: full time: 3 - part time:  
Mgmt Training/Support:  
Reason For Selling: Retirement

Broker Name: Mike Maiman
Company: MKL Acquisitions
Email: mike@biztmt.com

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Buying a business isn't like buying a car or buying a house. You don't see a sign in the window of a business or on a building for a business for sale with a telephone number to call to purchase this business. Business sales are by their nature a complex process that for reasons of maintaining business continuity must remain confidential.

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