Commission Processing Platform

Not Disclosed, FL


Asking Price: Annual Revenue:
Not Disclosed $3,604,884

Services: Financial, Accounting, Insurance


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RE: Commission Processing Platform Broker: John Geiwitz

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,604,884
Net Profit: Not Disclosed
Cash Flow: $2,428,436
Total Debt: Not Disclosed
FF&E: $24,550
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 415618747
Broker Reference #: 7101827119

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Business Overview:

Proprietary commission processing cloud-based platform developed to solve the pain point of processing complex & critical commissions for major health insurance carriers. Fully developed & field-tested source code. Although developed for insurance commission calculations, can be applied to any industry where complex commission structures are involved. SW accurately processes complex & critical commissions, both for agency & agent (TAM~3,000 agencies USA). Automates many of the time-consuming processes to reduce the monthly report development thereby improve margins. A proven record = validity & value of the SW with strong client base of health, life, property & casualty agencies nationwide. A valuable team is available to set up new clients & train your staff. Structured to operate remotely & managed from anywhere to keep overhead costs low. The 2021/2022 financials below are from working with 4 (of ~3,000) potential clients, the proforma assumes 40 clients. Email me today for an NDA. Please refer to listing 7101827119 and advisor John Geiwitz when inquiring.

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Reason for Selling:

Other

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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