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
Quality Verified
This listing meets our quality criteria and standards.
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