Service Key to Success of Established Life Agency

Lodi, CA (San Joaquin County)

Seller Financing Available
Service Key to Success of Established Life Agency
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Asking Price: $200,000

Cash Flow: N/A

Gross Revenue: $78,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 1981

Service Key to Success of Established Life Agency

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Business Description

Service Key to Success of Established Life Agency

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: https://www.pronovapartners.com/engagement/central-california-financial-planning-practice-for-sale/

This historically profitable business flourished by helping those in need of guidance and security for their senior years. After working in various areas of the insurance industry, the Seller discovered the rewards of helping those at financial crossroads; learning that through careful and thoughtful planning of insurance plans he could keep seniors and their families protected.

The suite of planning and protection programs include Life and Disability Insurance, establishing Revocable Living Trusts, the creation of Final Expense Trusts and Long Term Care Planning & Insurance Coverage plus a thriving specialty services for Medicaid/Medical Assistance.

The work was both financially and personally rewarding and he believes (after some setbacks related to personal issues), a Buyer who cares as much about his beloved community as he does will not only be able to return revenue to former highs, but capitalize on the country’s growing senior population and escalate earnings far beyond his best years.

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

Detailed Information

Facilities: Since 2007 the business has resided at a commercial building with a small foyer and two offices that is about 750 square feet. Rent is $1045 and per month with utilities included. The lease is on a month-to-month term. A Buyer will either negotiate a new lease or give 30 days’ notice. Although at a convenient location, and that the business is well-known in the community, Business will likely do just as well elsewhere.

Competition: Although some insurance companies in the county offer annuities and life insurance, he knows only a few in that come close to his expertise in Medicaid guidance. A Google keywords search shows the Seller’s business ranked highly.

Growth & Expansion: To take the Company to the next level, the Seller recommends renewing local and county-wide advertising; establish or build on social media marketing; hire additional producers and add financial planning services, but most importantly, be sure to maintain the trust of the loyal customer base.

Financing: For a well-qualified buyer, the Seller will consider financing with favorable terms and conditions, for no more than five years.

Support & Training: Seller is open to negotiating terms to stay on as a part-time consultant after the initial transition to support the Buyer and ensure ongoing success.

Reason for Selling: After a long and successful career, it is time to retire.

Detailed Information

Location:
Lodi, CA
Employees:
1
Facilities:
Since 2007 the business has resided at a commercial building with a small foyer and two offices that is about 750 square feet. Rent is $1045 and per month with utilities included. The lease is on a month-to-month term. A Buyer will either negotiate a new lease or give 30 days’ notice. Although at a convenient location, and that the business is well-known in the community, Business will likely do just as well elsewhere.
Competition:
Although some insurance companies in the county offer annuities and life insurance, he knows only a few in that come close to his expertise in Medicaid guidance. A Google keywords search shows the Seller’s business ranked highly.
Growth & Expansion:
To take the Company to the next level, the Seller recommends renewing local and county-wide advertising; establish or build on social media marketing; hire additional producers and add financial planning services, but most importantly, be sure to maintain the trust of the loyal customer base.
Financing:
For a well-qualified buyer, the Seller will consider financing with favorable terms a
Support & Training:
Seller is open to negotiating terms to stay on as a part-time consultant after the initial transition to support the Buyer and ensure ongoing success.
Reason for Selling:
After a long and successful career, it is time to retire.
Contact Seller

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Terie Salinas

Business Listed By:
Terie Salinas

ProNova Partners

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