Location:  Stockton, Sacramento, California.

Agency Description: 

• 100% Personal Lines Carriers include: Carnegie, Infinity, Western United and many others.
• Excellent Financial Reporting will simplify due diligence
• Seasoned Staff in both locations with unique marketing methods
• Stable Revenue Stream
• Agency established in 1999
• Excellent Cash Flow
• Book is mostly monoline business. Loaded with Cross Sell Opportunities
• 2 Excellent Retail Locations with national anchor tenant, excellent lease terms, furniture, computers and equipment truly a TURN KEY OPERATION
• Click here for a Non-Disclosure Agreement to receive additional information

About 50% of our daily activity is helping Insurance Agency Owners sell their agencies. We’ve always specialized in Seller and Buyer representation but also consult new and existing insurance agencies. Continue reading "Starting a New Insurance Agency Can be Exciting and Profitable"

Most of the calls from prospective insurance agency sellers start with, “What are agencies selling for these days?” or “What kind of multiple can I expect if I sell my agency?” Continue reading "What is your Insurance Agency Worth?"

Locating an insurance agency for sale can create more challenges than buyers and sellers realize. Once you locate an insurance agency for sale, what are the next steps? Sign confidentiality agreements, learn as much as you can about the agency, interview the seller of the agency, visit the location, request documentation about the agency, submit and negotiate an offer, request due diligence material, conduct due diligence,  negotiate and prepare a purchase agreement, locate financing, and finally close the deal. Continue reading "There are Many Steps to Buying or Selling an Insurance Agency"

One of the toughest challenges we face on a daily basis is the ability to verify  income of an insurance agency for sale. Insurance Agency Owners have a good idea how much each carrier pays them monthly but lack the paper trail buyers need. We have various posts on this very topic and it’s important for sellers to organize their accounting in order to sell their insurance agency. Continue reading "Add Value to your Insurance Agency by being Prepared before you Sell"

After you’ve invested years and/or decades into your insurance agency you finally decide to sell. You want to get out and not worry about who shows up and who doesn’t. You want to be rewarded in one lump sum for the years you’ve invested in your insurance agency. There are plenty of buyers in this market. Continue reading "Experience Helps when Selling an Insurance Agency"

We received a call from a client that searched for an insurance agency to acquire for 18 months. He found a candidate, met the Owner and was positive he’d be buy this agency. After the first 2 visits, The Seller warmed up to him and gave him 3 years of financial information. After another week and another visit, the Seller gave him commission statements to reconcile against the financials. Continue reading "Business Brokers can Help Insurance Agency Buyers and Sellers close the deal"

When buyers locate an insurance agency for sale, you should always have a plan before conducting due diligence. It’s important to remember that the seller of the agency has put a lot of blood, sweat and tears into their business. When a pessimistic buyer asks questions and acts suspicious towards a sellers answers, it can kill a deal. Continue reading "Conduct your Due Diligence when Buying an Insurance Agency"

We receive multiple calls and emails weekly from business owners asking how to hire a business broker. Another question we hear a lot of is; what are the costs associated with hiring a business broker?  Can I hire a business broker if I’m buying a business? What are the other advantages of hiring a business broker? This post will answer each of these questions so you can better understand the advantages of hiring a licensed professional business broker. Continue reading "Use a California Business Broker when Buying or Selling a Business"

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. Continue reading "If a Business for Sale Interests you Submit an Offer"