Life & Health Insurance Agency
Banning

Established in 1989, this owner operator group health insurance agency serves groups and self-employed professionals. The 2025 financials indicate $130,804 in commissions. The agency’s book of business is comprised of approximately 90% group medical, 4% dental, 1% vision, and 5% individual policies (which include some medicare policies). Carrier concentration, listed from highest to lowest, includes Elevance Health, Health Net of California, Blue Shield of California, Kaiser, Aetna, and UnitedHealthcare. This is a lean acquisition opportunity for an existing insurance agency, producer, or strategic buyer seeking to expand in the health. and benefits market. Seller is open to staying on for a negotiated period of time to ensure a smooth transfer.

Listing Number:

25415

Category:

Professional Services

Location:

Banning
$390,000

Financial Information:

Gross Revenue:

$130,804

Listed Price:

$390,000

Down Payment:

$273,000

Total Income:

$124,247

Year Established:

1989

Lease Information:

Square Feet:

500

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Life/Health

Contract Labor:

0

Training Period:

3 Weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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Terms of Use before responding to any ad.

brokerPhoto
Sarkis Kaladzhyan
Office: (818) 810-4242 | Cell: (818) 634-7778
License #: CA DRE #01435452

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Life & Health Insurance Agency
Banning

Listing Number:

25415

Category:

Professional Services

Location:

Banning

Listed Price:

$390,000
brokerPhoto
Sarkis Kaladzhyan
Office: (818) 810-4242 | Cell: (818) 634-7778
License #: CA DRE #01435452
Established in 1989, this owner operator group health insurance agency serves groups and self-employed professionals. The 2025 financials indicate $130,804 in commissions. The agency’s book of business is comprised of approximately 90% group medical, 4% dental, 1% vision, and 5% individual policies (which include some medicare policies). Carrier concentration, listed from highest to lowest, includes Elevance Health, Health Net of California, Blue Shield of California, Kaiser, Aetna, and UnitedHealthcare. This is a lean acquisition opportunity for an existing insurance agency, producer, or strategic buyer seeking to expand in the health. and benefits market. Seller is open to staying on for a negotiated period of time to ensure a smooth transfer.

Financial Information

Gross Revenue:

$130,804

Listed Price:

$390,000

Down Payment:

$273,000

Total Income:

$124,247

Year Established:

1989

Lease Information

Square Feet:

500

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

Life/Health

Contract Staff:

0

Training Period:

3 Weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.