Online insurance agency specializes in commercial lines, property, and casualty insurance. Based in United States.

Featured on BusinessForSale.com . 8 viewed

Asking Price

$1,200,000

FOR SALE - ACTIVE

Detailed Information

Location

Woodland,California - North, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Our client is selling a profitable online insurance agency established in 2011. The agency specializes in commercial lines, property, and casualty insurance products and operates without direct contracts with carriers. With over 300 customers located throughout the United States, the agency enjoys a 15% yearly growth rate primarily from referrals, especially within the Amazon reseller community. This agency has no physical office or employees and can be managed remotely from anywhere. The sale includes all existing customer accounts except those related to employee benefits programs from Global Upside and Safeguard Global. Customers find the agency through referrals or Amazon requirements for resellers to have insurance coverage. The agency does not engage in marketing activities and does business exclusively online. Interested buyers will gain access to the agency's customer base via NOWCERTS for agency management purposes. A Non-Disclosure Agreement (NDA) is necessary to receive the detailed Confidential Information Memorandum (CIM) prepared by ProNova Partners, showcasing the agency's operations and potential for growth.

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