A well-established P&C agency located in Burbank, California
(Los Angeles market), with 45 years in business, is now for sale. The agency generates approximately $257K+ in annual commissions, with a strong 70% commercial and 30% personal lines mix; all personal lines are written through Safeco.
The owner is committed to client continuity and would like to remain with the agency post-sale as an employee or independent contractor to continue servicing the loyal client base. The agency operates from leased office space, utilizes the Applied TAMS management system, and maintains multiple carrier appointments.
Reported Revenue: $257,000 / Asking Price: 2.5X. Tracking Code: DCALR