Santee , CA

During Covid, we downsized office to low rent 700 sq ft space on first floor of commercial building. Purchased agency in 2013, and is a seasoned and stable book of business, which a lot of potential growth. This is a great base for an agent that wants to hire a few staff and maximize its potential. Stable Retention and excellent Loss Ratio

Financials

• Asking Price
  $700,000
• Agency Earned Premium
  $2,690,000
• Agency Revenues (Annual)
  $300,000
• Retention Ratio
  82%
• Loss Ratio
  42%

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