Price Reduction! Established Business for Sale

San Bernardino County, CA

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Asking Price: Get Financing: $375,000

Cash Flow: N/A

Gross Revenue: $233,000

EBITDA: N/A

FF&E: $5,500

Inventory: N/A

Lease Rate: $836.18 /Month

Established: 1978

Price Reduction! Established Business for Sale

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Business Description

Terrific opportunity to step into a profitable well-established agency

Multi-line agency affords the opportunity to sell personal, commercial, life policies and retirement products. Additionally relationships with other carriers compliment your operation all geared to enhance the placement of business. Bonuses for profit and production are too numerous to name, and accompany a generous commission structure. Family-rights provision is particularly attractive. MUST be licensed for Fire & Casualty, Life, and though not necessary but preferable Series 6 & 63. Pricing reduced.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
650
Lease Expiration:
1/1/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased branded storefront of approximately 650 sq ft, can take over premises, renews 1/1/20. Excellent parking, great location, lots of drive-by traffic. Included is large, gorgeous desk (plenty of storage) for the agent, all file cabinets with files alphabetical, reception desk, multi-line telephone system in place with established numbers.
Competition:
Primary business is personal home, auto, umbrella, commercial and specialty. Advertising 2018-2020 with local elementary school. Referral business is high from existing insureds and outside contacts.
Growth & Expansion:
High monoline fire ripe for x-sell and life opportunities as well as retirement options.
Financing:
Ability to finance purchase price necessary; $50k in bank req; Price reduced
Support & Training:
Agent and possibly Office Manager would be available for transition. Training through company and Supervisory personnel.
Reason for Selling:
Agent is pursuing other interests.
Franchise:
This business is an established franchise
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Business Listed By:
Susie

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