Insurance Agency Brokerage in Los Angeles with Mercury Book of Business
Mercury
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Financial Details
- Asking Price:
- $750,000
- Annual Revenue:
- $264,500
- Cash Flow / SDE:
- $264,500
- Valuation Multiple:
- 2.8x
- Location:
- Los Angeles, CA, US
- Source:
- Date:
- May 08, 2025
Key Highlights
- Opportunity to acquire an insurance agency brokerage in Los Angeles with an existing Mercury book of business.
- 703 policies in force with Mercury Casualty Company and Mercury Insurance Company, dating back to 2012.
- Seller financing is available; sale must be completed before 6/30/2025.
Description
This is an opportunity to acquire an insurance agency brokerage in Los Angeles with an existing Mercury book of business. The seller has 703 policies in force with Mercury Casualty Company and Mercury Insurance Company, dating back to 2012. A buyer must have sufficient financial credentials to qualify and a Mercury appointment in good standing, with more than $10 million in premiums to absorb the loss ratios. Seller financing is available. Sale must be completed before 6/30/2025.
Industry Information
- Industry Description:
- Finance and Insurance
- Classification:
- Financial Services
Listing Details
- Listing ID:
- 6e3d5fdb-bb04-4234-a540-2fe11a32eef8
- Deal Status:
- For Sale
- Date Posted:
- May 07, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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