Looking for a buyer.
This well-established Company offers a diverse client base with only Individual (IFP) Healthcare Insurance. With strong partnerships with top carriers such as Aetna, Ambetter, Blue Cross, Blue Shield, Cigna, Molina, Oscar, and United Healthcare the Company provides a solid foundation for growth and expansion in the insurance industry.
It is on track to earn $6,736,430 in commissions in###-###-#### Currently managing 28,562 active policies, all set for auto-renewal for the next 5 years. They also have over 107,000 contacts in their CRM that would qualify for subsidized services that would be transferred to the Buyer. There are 7 employees maintaining the Book. They are no longer marketing but continue to enroll 100 people every week. This acquisition opportunity represents a stable and profitable business poised for continued success. This presents an excellent opportunity to expand your book of business and boost annual cash flow.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: The facilities are not included in the sale.
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: See immediate upside on the value of the book by switching it to your own FMO. Potential Cross-sell opportunities for all subsidized services.
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: The Seller is moving into accounting services.
listing type
exclusive representation
exclusive representation
industry
Insurance
Insurance
location
Boca Raton, FL, USA
Boca Raton, FL, USA
revenue
$6,736,430
$6,736,430
ebitda
$6,158,285
$6,158,285
proposed price
$28,000,000
$28,000,000
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