Ind. Insurance Provider with over 40 Year History

Houston, TX
Harris County


Asking Price: Annual Revenue:
$4,750,000 $1,349,960

Services: Professional


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RE: Ind. Insurance Provider with over 40 Year History Broker: Bobbi Coffey

Quick Facts

Asking Price: $4,750,000
Annual Revenue: $1,349,960
Net Profit: Not Disclosed
Cash Flow: $704,137
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 9
BBN Listing #: 730944107
Broker Reference #: 76931-752651

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Business Overview:

An excellent opportunity for a strategic, this insurance company has been providing Agent Support across unique occupational offerings for over 40 years. Founded on the principals of bringing a variety of insurance services, products and programs together under one roof, they provide the best service to independent agents, including contracting, market comps, presentation support, back office support, enrollment services and more. Offering top commissions and sales training, not to mention product expertise, certifications and videos, they offer everything needed for full agent support. Profitable and reputable. SDE of over $700k in 2018, which includes owner salary of approx. $287k.

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Market Competition and Expansion:

Medicare, a complex part of the industry, is currently a core focus of growth in the business, and while currently 2-3% of revenues, it is expected to grew to 15% in the next year.

Reason for Selling:

Retiring

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.

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