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Multiple Standard Auto Agency In San Diego For Sale

San Diego, California - South
Asking Price:
$2,600,000 (USD)
Sales Revenue:
$1,450,000 (USD)
Cash Flow:
$635,000 (USD)

This dynamic agency with 2 locations utilizes a scalable marketing system to produce approximately 1000 policies per month. 13-year-old agency with a strong book of business, licensed in multiple states. 8 licensed producers with relatively low turnover. Paperless and technology driven, with heavy lead flow due to consistent and effective advertising. Most policies on EFT. Great quality control and good relationships with carriers. NDA required for first round due diligence package.

Property information

Premises Details:

Facilities: 2 offices located in retail centers - 1 in San Diego 1 in the Greater Phoenix area. Long term lease in place for San Diego office. Phoenix area office lease does expire in 2019, so it could stay open or be closed with this sale, depending on the Buyer’s ideal plan. A small number of clients come into each office to pay bills, but most business is done online, through email, and through text, so both offices are relocatable.

Business Operation

Expansion Potential:

This is an excellent roll-up opportunity for an existing agency that can take advantage of cross-sell opportunities. An owner-operator who wants to take over the agency as-is can sustainably grow by adding producers, potentially adding an additional marketing channel, and continuing to take excellent care of prospects and clients.

Competition / Market:

Plenty of competition in the standard and non-standard auto insurance space. This Company is very well positioned with advertising, online presence, and brand recognition. Rapid response to inquiries and a high level of customer service make this Company a strong player in the space.

Reasons for selling:

Other Business Interests

Employees:
10
Years established:
2005

Other Information

Support & training:

As needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

If the price and deal structure is right.

Home based:
This business can be run from home.

Contact Information

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