Escondido, CA

2 Agency Numbers with the majority of policies being in South Orange County & North San Diego County. 5 books have been purchased from long term agents so the bulk of the agency is seasoned premium. Currently employ a great office manager, 2 full time CSRs, and two part time CSRS to maximize profit. They have all been with the agency for 5+ years. Agency has no physical location as of 2022 and is part of a HUB in Escondido to maximize earning potential. This means no leases, no equipment leases, etc.

Financials

• Asking Price
  $3,700,000
• Agency Earned Premium
  $16,385,754 + $1,029,061 Ivantage
• Agency Revenues (Annual)
  $1,567,000
• Policies in Force
  7,029
• Retention Ratio
  82.50%
• Loss Ratio
  70.92%

Contact this seller