Business Overview

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA – visit here:

Well-established, non-standard insurance agency with DMV and tax preparation services has long been successful thanks to the Seller’s commitment to customer satisfaction.

The Seller started in the industry in sales at a well-known non-standard agency while attending college; obtaining a political science degree. The part time position becoming permanent after graduation. When licensed as a Property and Casualty Broker-Agent in 2013, the first office opened.

The Seller has long understood the importance (and profitability) of providing honest, dependable, caring services to the non-standard community. Currently, the Seller reports customer demographics as being no more than 35% Spanish-speaking with an otherwise varied roster of English-speaking minorities.

The Business has been a staple in two neighborhoods with an ongoing need not only for insurance, but the support services that go hand-in-hand in taking care of family’s rudimentary necessities for living in Southern California. All three services provide a consistent and reliable revenue – with room for growth.

Thanks to being a certified DMV “partner”, the Company is listed on the agency’s website as an approved provider. Additionally, the Seller consistently makes new marketing efforts and spends time and money on Google AdWords; and is constantly upgrading and improving the company website. In a short time, the Company has garnered a decent social media presence.

NDA is required ‘LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.


  • Asking Price: $375,000
  • Cash Flow: $101,500
  • Gross Revenue: $220,700
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

One office has been located near the 10/57/71 freeways for 11 years: The convenient location is 840 sq. ft. with the $1,300 per month. The second office is similarly located; near the 210 and 215 freeways. That 950 sq. ft. office has a 3-year lease $1,300 per month has an option to renew. Due to the support services, both locations see foot traffic daily.

Is Support & Training Included:

To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed for three months, and up to six months as on-call consultants, or as negotiated.

Purpose For Selling:

With a Master’s Degree, the Seller is looking to work in that field of study.

Pros and Cons:

There is plentiful competition in non-standard insurance due to the need, especially in these areas. What makes this company standout is its consistency, and ever-changing marketing efforts to grow, improve and to consistently provide top-level customer service.

Opportunities and Growth:

A strong leader with specific sales strategies, the ability to track individual performance, bring out the best in and keep employees motivated, is likely to increase the sales and reduce turnover.

Additional Info

The company was started in 2013, making the business 9 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell companies. However, the real factor and the one they say to you might be 2 completely different things. For instance, they might say "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competition, recent decrease in profits, or a variety of various other factors. This is why it is very vital that you not depend totally on a vendor's word, but rather, make use of the vendor's solution together with your general due diligence. This will paint a more sensible picture of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans so as to cover things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that revenue margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that need to be satisfied or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in new clients? Most times, companies have repeat consumers, which develop the core of their daily profits. Certain elements such as new competitors growing up around the area, road construction, and also employee turnover can impact repeat clients as well as adversely influence future profits. One important thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business often, the better the possibility to develop a returning client base. A final idea is the general location demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? Just how might the regional typical home earnings impact future income prospects?