San Fernando Valley Insurance Agency 40 percent Home Owners For Sale

Business description

Business Description

Seller sub-lease space to offset the rent charges so the monthly rent is very affordable, less than $1,000 per month for a great location! Has around 400-500 active clients, good mix of home owners written through Farmers FACT program. Rest of the book is non-standard type auto, has some commercial, but less than 10% of the remainder. Writes with the usual carriers, Infinity, Access, Progressive, etc...the location is gorgeous. This is non-portable and dependent on the Buyer signing a lease at the premises in order to retain the book. Seller is Spanish speaking, so non-Spanish speakers would need to retain someone in the office as a CSR to handle the clients. Income is approximately $40,000 Broker Fees and $60,000 renewals. NDA is required for exact business address to do a drive-by or to schedule an appointment to speak to the Seller in person or via conference call.

Detailed Information

Facilities: Brick and mortar retail location fully built out in a highly visible end-cap signalized plaza. Has a great location at a heavily trafficked intersection in the San Fernando Valley. Pristine turn-key location.

Competition: Competition is strong in the Valley, but the Sellers have a sticky book due to the home owner policies that stay on the books as long as people stay in their homes.

Growth/Expansion: No life and health sales at this time.

Support/Training: 4 weeks, 20 hours per week.

Reason Selling: Other business interests.

Property information

Real Estate:

Lease