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Aug 14, 2019 — Ideal first transaction target or satellite reconversion opportunity for a multi-unit non-standard auto insurance agency chain. Perfect location in the same plaza as a heavily trafficked supermarket that draws all kinds of foot and walk-in traffic, along with the sign guy. Not a portable book of business, need to take over the location, and need to be comfortable that cash is a key component of the value and net income of the client base that tends to be 50/50 cash & credit card pays. Providing DMV / Registration services that typically hovers around $5k per month, Broker Fee revenue that hovers around $10k per month steadily, and about $8-$12k per month in commission revenues, the largest carrier is Infinity but it's mainly the run of the middle non standard auto carriers. NDA is required for initial package on file with broker.
Facilities: Retail location, critical to health of the business.
Competition: Non-standard auto is immensely competitive, but this location is killer.
Growth & Expansion: Doesn't really cross sell too much. Could be much better.
Financing: If the price and deal structure is right.
Support & Training: As needed.
Reason for Selling: Focus on unrelated auto business.
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