For Sale: Benefits And Workers Comp Company - San Diego County

Current Status: Active     Posting #: 265861     Last Refreshed: 1/31/21    
This is a California based company that fills a unique niche providing customizable and highly-vetted medical provider networks for Group Health and Workers Comp payers. Three partners formed the Company in 2011, and one wishes to retire. The partners are looking to sell part or all of the Company to facilitate the exit of one partner.

The Company has created a highly profitable business with predictable income from a client list of 'essential' California businesses, including school districts, municipalities, farms, dairies, and the like. This is an excellent acquisition opportunity for any company that is in the benefits or insurance space, human resources, or similar. This business has already received lots of off-market interest, and so we expect this to move quickly!

NDA is required.

Facilities: Current rent is $1975 per month for the 1050 sq ft space.

Many staff currently work from home, and some have remained in the office space in Tracy, California. Current lease extends through January 31, 2021, so the Buyer may choose to keep this office space or move the Business. The current space allows for social distancing and COVID compliance for those staff who continue to work in the office and not from home.

Competition: This Company is unique in the industry and competes against large national players. The Company beats the competition by providing a higher level of customer service, customization of medical provider networks, and competes on price.

Growth & Expansion: The Sellers have grown the business to its current level with a slim 'guerilla' marketing budget. An ideal Buyer would have a budget for marketing and advertising, as well as for staffing to handle more leads. With the right Buyer, this Company is primed to grow!

Support & Training: As needed.

Financing: Available with the right offer

Reason for Selling: Retirement.