Restoration Opportunity: Maximize Mercury Book's Potential in Los Angeles

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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 09, 2025

Key Highlights

- Book of Mercury Casualty and Mercury Insurance policies for sale.
- Consists of 703 in-force policies, primarily Personal Auto and Property.
- Sale must be completed before 6/30/2025; Mercury appointment required.

Description

This listing presents an opportunity to acquire a book of Mercury Casualty Company and Mercury Insurance Company policies. A qualified buyer must have a Mercury appointment in good standing and sufficient financial credentials to absorb the loss ratios. The book consists of 703 policies in force, with Personal Auto and Personal Property as the highest-producing lines. The sale must be completed before 6/30/2025.

Industry Information

Industry Description:
Services: Financial, Accounting, Insurance
Classification:
Financial Services

Listing Details

Listing ID:
d821c05f-eda7-4f98-8816-d389b41dd4f8
Deal Status:
For Sale
Date Posted:
May 09, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

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