64 Account Commercial Insurance Portable Book of Business for Sale

666 Insurance
Asking Price:167,000 Gross Income:101,081 Cash Flow:90,000
EBITDA: FF&E: Inventory:
Real Estate: Established: Employees:

Business Description

Sold 'Q2 2017

112 Policies in Force - primarily construction focused enterprises, this is a small book of accounts for a single sole proprietor exiting the insurance business. Sandblasting, paving, backhoe, plumbing, engineering, excavation type accounts, placed ONLY with MGA's. Writing Pkg, Work. Comp, G/L, XS, Auto, $707k in Premium up for grabs, the balance of the gross revenue is Broker Fee driven for services provided to the client base. Carriers are WESCO, Security National, Amtrust, Hiscox, a whole gang of them actually that are all available through their MGA relationships. Our package has a detailed examination of every policy in force so Buyers can assess line of business, MGA ID, carrier, effective date, premium volume, and commission & broker fee revenue line items. NDA is required for first round package on the book of business.

Additional Features

Detailed Information

Facilities: Currently home office setting, portable for anyone that is currently doing business in California. You pick up the phone, you can service this book. (Home Based)

Competition: Construction risk is a niche industry but the Seller has taken good care of the client base and has secured referrals as the main driver of revenue expansion.

Growth & Expansion: Primarily a renewal book. Good entry level acquisition target if it’s someone’s first purchase potentially due to price point.

Support & Training: As needed.

Reason for Selling: Other business interests.

 

Ace Business Brokers NDA & Buyer Profile

 

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