Trio of Financial Services Businesses Under One Roof 1222

This profitable trio of companies is comprised of three separate entities; one for each of the financial services provided. An acquisition would include the Insurance Brokerage (a California S-Corp), a Financial Planning Corporation (a California S-Corp), and a payroll solutions company that is an LLC. All are solely owned by a professional couple. The business grew from modest beginnings. Although it launched in 2008 as a commercial insurance office, the three divisions today create $2,300,###-###-#### in gross revenue and serve more than 1700 clients. Establishing a strong work ethic incorporating both urgency and compassion, with the highest level of customer service has resulted in 16 years of growth and a turn-key profitable business with 1,000 active policies. This insurance book features an incredibly low loss history - below 5% - and a remarkably high retention rate of 99.72% steady for the past 36 months. Combined Agency Revenue is $755,000 per annum. The financial planning and management corporation is an independent fee-only Registered Investment Advisory service. The firm manages $88.1M in client AUM. The average client pays AUM fees of 1% to 1.3%. The Company represents 750 clients and created gross revenues of $966,000 in 2023. The payroll firm works with just over 400 business clients to gross $580,000 per year. About $75,000 per year is generated by TPA services for 401k plans. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: The Company is headquartered in a professional commercial complex. Two years are remaining on the lease. The monthly rent is $9,000. Growth & Expansion: Cross-sales of existing clients could be highly rewarding. Additional advertising or launching social media could also be beneficial. Financing: Only if the deal structure is right for a highly qualified Buyer. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed. He will consider an ongoing paid position as a consultant, executive, or as negotiated. Reason for Selling: The Sellers are looking to spend more time focused on family.