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

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Insurance Agency 90 % Commerci
San Diego Insurance Agency - 90% Commercial.

Due To Divorce, Successful, Preferred Insurance Agency Operating Since 2003 With Over 1000 Active Clients Is Now For Sale... And Seller Is Motivated.

1. Commissions: $348,000 (2008 Tax Return)
2. SALE PRICE is $750,000.
3. Preferred Carriers Directly Appointed with:
a. Allied
b. The Hartford
c. Venus
d. Progressive
e. FirstComp
f. Travelers
g. Etc.

Agency Is Licensed And In Good Standing With The State of California Department of Insurance And Sells Construction Liability Insurance, Course of Construction Insurance , General Liability , Insurance, Construction General Liability Insurance , Construction Wrap Insurance, Restaurant General, Liability Insurance, Garage Liability Insurance, Business Automobile Insurance, Workers Compensation Insurance, Homeowners Insurance, Auto Insurance, Boat and Recreational Vehicle Insurance .

This Is An Excellent Business Opportunity For An Agent Or Agency To Purchase This Agency or Book Of Business And Grow.

GROSS COMMISSIONS for 2008 Was $348,651 And 2009 Is Maintaining These Numbers.

Business Is Well Established With Excellent Reputation For Service And Customer Satisfaction.

Contingency Bonuses to be paid Jan 2010 of $150,000 and Jan 2011 of $150,000.

SALE PRICE is $750,000 (this is a 2 x multiple of TOTAL GROSS COMMISSIONS) This won't last long... call now!

Reference #: 120355

Industry: INSURANCE AGENCY - P&C - CA
Industry Segment: P & C - Focused on Commercial Lines - Preferred
Geography: CA - San Diego
Asking Price: $750,000
Gross Revenue: $ID 120355
Cash Flow: $348,000
Value of Inventory:
Value of Equipment:

Year Established: 2003
Number of Employees: full time: 3 - part time:  
Mgmt Training/Support:  
Reason For Selling: Divorce.

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

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