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East Valley

  • Listing No.: 115-11090

  • Category: Auto, Service

Asking Price $95,000.00
Down Payment
Gross Revenue $125,000.00
Total Adjusted Net Income $38,800.00
Equipment / Fixtures $10,000.00
Year Established 2006
General Location East Valley
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Independent & Established in 2006 this non-standard personal lines P&C agency is located in the East Valley. The agency has approximately $150K of revenue and is comprised mainly of personal line auto policies through long established solid carriers.  The top five carriers comprise about 50% of the business and include companies, such as Freedom National, Commonwealth, UAIG, Progressive, and Legacy. Over 20 carriers for home, auto, and commercial. The agency has plenty of upside potential in cross-selling homeowners, renters, and other policies, as the ownership has not been involved in the business.  This is an incredible opportunity for an agent that wants to be independent and knows how to work a book of business.  There has been no marketing dollars spent in over 3 years. With a simple marketing plan, cross selling, and commission negotiations this business can increase 2x-3x within a very short period of time. Buyer is able to focus on growing the business as the staff can handle the day to day operations. The seller is willing to train at no additional cost. All the pieces are there, this business just needs some TLC and can be back to its original state which was over 400k in income per year.     

Gross Revenue $125,000.00 Listed Price $95,000.00
Total Income $38,800.00 Down Payment
Base Rent $981.60 Square Feet 1227
Total Rent $1,200.00 Lease Expiration 7/2020
Rent Deposit $1,315.00 Lease Options Yes
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $10,000.00 Other Assets
Full-Time Employees 1 Training Period Negotiable
Part-Time Employees Special License Required
Contract Staff Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.