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SOLD: Commercial Insurance Brokerage in San Bernardino County

Posted by Stuart Ganis on June 9, 2008 at 10:08 am

Location: Ontario, California
Annual Revenue: $285,000 Commissions $110,000 Brokerage Fees Total Revenue$395,000Asking Price: $525,000

Agency Description:

  • Commercial Brokerage specializing in General Contractors.
  • Owner plus 2 licensed assistants run agency day to day.
  • Book is spread throughout Safeco (not direct), Hartford and several other carriers.
  • January and February ‘08 renewals are in line with 07 numbers so this agency hasn’t experienced fall off in spite of the current GC Market.
  • Excellent opportunity for growth with tons of other benefits.

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