Insurance Book in Los Angeles, CA
Finance & Insurance · Financial Planning & Advisory
- Asking Price
- $350K
- Cash Flow
- $275K
- Gross Revenue
- $275K
- EBITDA
- $45K
- Location
- Los Angeles, CA
The core operation centers on managing an established portfolio of 691 Mercury insurance policies. Revenue is derived solely from commissions on these in-force policies, as the carrier currently prohibits writing new business. Daily tasks involve processing policy endorsements, modifications, and updates for a client base that demonstrates a robust 92% retention rate. The most substantial policy contributions come from automobile and residential property coverage, with personal umbrella policies showing recent growth. This offering transfers a significant, commission-generating book of business, requiring the buyer to hold an active Mercury agency relationship and satisfy specific financial prerequisites.
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