Tag: sale

26
Apr

Business Brokers Hopeful About Future of Business-For-Sale Marketplace

According to a recent study conducted by BizBuySell.com, the Internet’s largest online marketplace for buying and selling businesses, brokers said they are currently seeing an increase in the number of deals being completed, compared to the same time in 2012. Now that the presidential election and worries about the “fiscal cliff” are behind us, buyers and sellers are spending less

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11
Mar

SOLD: Alameda County Commercial Insurance Book of Business for Sale

Location: Alameda County, California Agency Description: Gross Income: 2009 – $150,000 Net Earnings/Cash Flows:  $77,000 80% Small Commercial Lines, 20% Small Group Health Contractors, General Liability, and Work Comp Not dependent upon location, perfect FOLD-IN to buyer’s office Stable revenues and strong profits 16-year old agency with loyal clients Virtually no personal lines, excellent Cross-Sell opportunities Click here for a

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20
May

Commercial and Personal Lines Insurance Agencies for Sale are in Demand

We’ve written on numerous occasions how unbalanced the ratio is of insurance agency buyers compared sellers. Other than Insurance Agency Consulting, the number one reason clients contact us is to BUY an Insurance Agency. Since there are so few sellers in the marketplace this may be the best time to sell your insurance agency.

19
May

SOLD: California Insurance Book of Business for Sale

Location:  Currently Based in Northern California Agency Description: 70% Personal Lines 30% Commercial. primarily preferred carriers, including Safeco, Hartford, Travelers, Kemper, First American 750 Active Policies with 550 Clients (Great Account Rounding) Commission revenue stable for 3 Consecutive Years Great Fold-In Opportunity:  not location dependent, can be folded in to existing agency anywhere. No Overhead, employees or office lease to assume 100% Paperless

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10
Apr

Los Angeles County Insurance Agency with 3 Locations for Sale-No Longer Available

Location:  2 in San Gabriel Valley and 1 in Los Angeles Agency Description: Primarily Auto Book with Permanent General, Infinity, Unitrin and others. A+ Locations – Excellent Leases and Parking Busy Phones – 3 Seasoned Employees All locations contain Cameras with dedicated internet IP Address Agency Website Paperless using Hawksoft Agency Management System Click here for a Non-Disclosure Agreement to receive

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17
Dec

SOLD: Small Southern California Non-Standard Auto Insurance Book For Sale

Location: Southern California Annual Revenue: $20,000 Asking Price: 1.5X Annual Revenue Agency Description: Personal Non-Standard Book No location, employees or other liabilities to assume. Business placed with carriers such as Infinity, Access, Bristol and many others. Seller is including Phone Number and all Customer Files. Clients are NOT dependent on office, all communication is by phone, email or fax. To get more

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21
Nov

SOLD: San Gabriel Valley Personal and Commercial Insurance Agency for Sale

Location: San Gabriel Valley, Ca. Annual Revenue: $145,000 Asking Price: $175,000 Agency Description: Personal/Commercial Book Agency established in 1996 A+ Location – Excellent Lease, Ample Parking, Excellent Lay out and Design Business placed with carriers such as Safeco, Travelers, Progressive, Hartford, Sequoia, CNA, Infinity, Access, and many others. Perfect Agency for established Brokerage to expand or Start up with some

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27
Sep

If a Business for Sale Interests you Submit an Offer

Any research you’ve done on Buying Businesses will teach you that a Business ultimately sells for what someone is willing to pay for it. An asking price for a business is basically an opinion since COMPS for similarly sold businesses don’t exist. You can show 10 Income and Expense Statements to 10 different Business Brokers/Bankers/Appraisers and get 10 different valuations.

1
Sep

Buyers Need Representation when Identifying a Business for Sale

We’ve taken numerous calls in recent weeks from buyers that have identified an Insurance Agency for sale and needed help evaluating the agency and preparing offers. The hardest part of buying a business is locating a viable candidate so when you do, you can’t let it slip through your fingers. There are many benefits to having a 3rd party involved

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31
Jul

SOLD: El Monte Auto Insurance Agency For Sale

Location: El Monte, Ca. Annual Revenue: $135,000 Asking Price: $175,000 Agency Description: