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SOLD: Non-Standard Auto Insurance Agency in Los Angeles

Posted by Stuart Ganis on June 9, 2008 at 10:12 am

Location: Compton, California
Annual Revenue: $96,000 commissions plus $36,000 in brokerage fees. Total of $132,000.
Asking Price: $157,500

Agency Description:

  • Approximately 80% of this book is written with Infinity Insurance Company.
  • Owner has been in business for 25 years and has had same phone number the entire time.
  • No employees - Owner run.
  • Office lease is month to month.
  • Great for Owner/Operator who wants to start an agency with extra revenue or someone looking to expand current operation.
  • No advertising, payroll or other misc overhead.

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