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Listed by:

ProNova Partners

Broker license number: 01820673

Established Norcal Captive Insurance Book For Sale

Fremont, California - North, US
Asking Price:
$505,000 Furniture / Fixtures included
Sales Revenue:
$253,508
Cash Flow:
$181,646

This Company offers a diverse range of protections for its clients in Central California including Home, Business, Life, Auto, Workers Comp, and General Liability Insurance. “It’s time to join a fantastic Company that can insure & secure your family!” The owner's focus on community involvement—participating in local high schools, the Chamber of Commerce, and coaching local sports teams—has fostered a strong network and a healthy referral base. A recent remodel and prime location enhance the business's visibility and accessibility, attracting walk-in customers regularly.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

The business is located roadside with 750 SF including a main reception area with two desks for customers and two private offices. The lease is on an annual basis expiring in January of 2025. The business has been here for 3.5 years and the Seller pays $1,585 per month.

Business Operation

Expansion Potential:

The Seller recognizes a need for someone who is good at social media advertising and continued involved in the community to reach as many people as possible.

Competition / Market:

While a competitive market, there have been many changes in the insurance market that will soon create more opportunities as some carriers leave the market. Farmers Insurance remains in the market and working through a restructuring process with the Insurance Commissioner.

Reasons for selling:

The Seller is looking to go back to his roots in an unrelated industry.

Employees:
2
Years established:
2021

Other Information

Support & training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$39,000 - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673

View 134 ProNova Partners listings