Unique Nationwide Insurance Subrogation & Claims

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$7,732,000 $6,000,000

Services: Financial, Accounting, Insurance

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RE: Unique Nationwide Insurance Subrogation & Claims Broker: Raj Sheth

Quick Facts

Asking Price: $7,732,000
Annual Revenue: $6,000,000
Net Profit: Not Disclosed
Cash Flow: $1,300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 398626891
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Very Limited Competition & High Margins

This unique business has been growing at 25% each year and has limited competition & high barriers to entry. They provide national claims collection and subrogation services to the transportation industry. This niche business services small and large passenger and cargo transportation fleet owners offering a contingency-based fee model that is understandably well-received.

Ownership’s business model essentially uncovers “found money” for its clients through its expertise in the property insurance industry, with no out of pocket cost. Using a complimentary audit process as a door-opener, the company identifies additional insurance collection opportunities in physical damage, loss of use, and diminished value claims, and more, resulting in the collection of hundreds of thousands of additional dollars for its clients.

Outstanding relationships with carriers results in the fast settlement of claims, further endearing the company to its customers as evidenced by robust customer retention rates.

Recession and COVID proof, the opportunity has no ceiling, no inventory, no receivables, low overhead, and nearly 40% gross margins!! This ideal service business is easily scalable with the implementation of a marketing plan. The business can readily be relocated or operated virtually. Skilled, tenured back-office staff complete this turnkey offering.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is leased.
  • The owner is not 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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