OC Insurance Agency In Anahaeim For Sale

Business description

Please contact Rick Carlson of Ace Business Brokers at 800-985-4939 Extension 368 for further details.

Business Description

One stop financial and auto related services shop is for sale in Orange county. Great plaza location with cheap rent, only $600 monthly rent b/c of sublease arrangements in place with a tax practitioner and the provider of the car title loans. Breakdown of income is as follows: $3,000 per month Broker Fees for insurance, $1,000 per month average in renewals, $2,500 on car title loan commissions, $1,500 in DMV registration services income. Currently run by hands on owner operator who can speak functional business/insurance related spanish. No agency management system in place, old school paper files for books and records verification. Top carriers by revenue are Infinity, Access, Alliance United, Explorer, Suncoast, McGraw, Robert Moreno, Tapco, Stonewood. 80% Non-standard Auto, 20% Commercial/Home is breakdown according to Seller estimate. NDA is required to do a drive-by of the location. After drive-by if there's further interest we can schedule an appointment with the Seller to discuss in greater detail.

Detailed Information

Facilities: Has office at really busy signalized intersection with huge traffic counts all day and night. Has liquor store, restaurants, gas stations, 7-11, all high traffic businesses in the plaza itself or across the street.

Competition: Has exclusive relationship with Auto Title Loan provider for entire Orange County. Provides plenty of traffic, and to get the loan, active insurance must be in force.

Growth/Expansion: Add additional customer service reps to grow insurance business. Plenty of capacity to do so on premise.

Financing: $32,000 financed at $1,000 per month for 32 months.

Support/Training: 1 week, 40 hours per week.

Reason Selling: Health reasons.