$12k / Month Net Gardena, CA Non Standard Auto Insurance

Asking Price:$167,000 Gross Income:$300,000 Cash Flow:$144,000
EBITDA:N/A FF&E:$10,000 Inventory:N/A
Real Estate:N/A Established:2009 Employees:2

Business Description

Solid retention (70%) non standard auto shop in Gardena that provides DMV services and large broker fee volume to provide a significant net income to the owner operator. Breakdown of the book is 82% Auto, 15% Commercial, 3% Home, 3% General Liability. Clean loss ratios across the top carriers in the 30's/40's/50's, etc....Top carriers in terms of revenue are Carnegie, Legacy, Alliance United, Access, Greenpath and Multistate. Revenue breakdown is about $7,500 monthly commissions, $12,000 Broker Fees, $3,500 DMV Services, $1,500 endorsements, $1,000 for office payments. 2 Employees help run the operation and get an hourly rate plus broker fee overrides to ensure profitability and high net income for the Owner. Seller uses Insurance Pro agency management system and is open to a corporate sale so post-closing integration theoretically should be a breeze. Seller only wants cash deals hence the aggressive pricing. NDA is required for the address and first round due diligence package on file with Ace Business Brokers.

Additional Features

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Typical street front non standard auto shop with good signage and excellent parking situation.

Competition: This area is pretty heavily concentrated but the Seller has been established for awhile now so has a nice sized repeat book in place already. Also consistent marketing and DMV services keep new clients coming in all the time.

Growth & Expansion: No health insurance, so that could be built up.

Support & Training: As needed.

Reason for Selling: Started a separate large scale food business already.


Ace Business Brokers NDA & Buyer Profile


NDA’s are always required to secure due diligence packages for our engagements. Please reference 631 Insurance when typing your name on our form please! Thank you!!

Please take a moment to CLICK HERE, to fill out our online confidentiality agreement. Once we receive your NDA we will follow up and provide the due diligence package on the opportunity you are interested in.

Listing Inquiry