$6,000,000.00
Asking Price
Address: Deerfield Beach, 33442.
Status: Active
Posting ID: 288919
10/14/24
Description
In 2023, the Company generated approximately $2.4 million in commissions and $1.35 million in bonuses from both renewals and new policies, resulting in total gross revenues of about $3.75 million (as confirmed by 1099 filings). They are on track to achieve similar results in 2024, with a portfolio of approximately 10,800 active policies, all of which are set to auto-renew, ensuring a seamless book roll.
The client base is well-diversified, spanning multiple insurance lines, including Individual (IFP) and Group Coverage for Health, Dental, Vision, and Life insurance. The company works with top-tier carriers such as Molina, United Healthcare, Ambetter, Oscar, Cigna, and Anthem.
This presents an excellent opportunity to expand your book of business and boost annual cash flow without the need to increase labor expenses.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: This is a book roll. No Employees.
Competition: The insurance industry is highly competitive, but acquiring this opportunity can lead to substantial business growth and the expansion of your book of business.
Growth & Expansion: Potential Cross-sell opportunities for Life and Wealth Management.
Financing: TBD if structure and terms are acceptable.
Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a Buyer as needed to successfully transfer the Book of Business.
Reason for Selling: One Seller is retiring and the other Sellers would like to explore other opportunities. A reasonable non-compete will be signed.
To get more information about this Healthcare Insurance - 10800 Policies business for sale in Deerfield Beach please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #288919 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Healthcare Insurance - 10800 Policies, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $6,000,000.00
Down: Call/Email
Cash Flow: $3,400,000.00
Revenue: $3,742,436.00
Area: Deerfield Beach
City: Deerfield Beach
Attributes:
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