Seller's Contact Information
- RE: Absentee Owned High Net Nationwide Title Insurance
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $7,000,000 | |
| Annual Revenue: | $7,300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $750,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 10 | |
| BBN Listing #: | 386127574 | |
| Broker Reference #: | 836 INSURANCE |
Business Overview:
Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.
Nationwide title insurance agency active in 30 states with a proprietary business model that provides the support independent operators need to close more deals. The Company has an integrated software platform allowing national closing services which is integrated directly with nearly all national lenders. Imminently scalable with phenomenal 35-40% contribution margins on new revenues brought onto the platform at this point. This will go quick! Very strong retention, stable book of business included, nearly all the top 25 revenue generating clients with the Company have been with the business more than 18 months. High barrier to entry in the title insurance field, and there is no similar scalable nationwide platform such as the Company’s in the market today.
NDA is required to secure comprehensive 23 page Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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.
Property Features and Assets:
Facilities: One corporate office is included which has all the staff. That office runs fully automated at this stage, the Seller has only visited 2x in the past 2 years, even though he lives locally.
Market Competition and Expansion:
Competition: Title insurance is a very stable industry that is highly regulated and difficult to start your own, there are no similar entities like this Company in the market today. Growth & Expansion: Very stable book of recurring revenues with much room to expand and grow. High net profit for every dollar added to the Company right now.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from
