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- RE: 10,800 Policies Healthcare Insurance Book Of Biz
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $3,742,436 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $3,400,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 1 | |
BBN Listing #: | 979108 | |
Broker Reference #: | 1308 INSURANCE |
Business Overview:
In 2023, the Company generated approximately $2.4 million in commissions and $1.35 million in bonuses from both renewals and new policies, resulting in total gross revenues of about $3.75 million (as confirmed by 1099 filings). They are on track to achieve similar results in 2024, with a portfolio of approximately 10,800 active policies, all of which are set to auto-renew, ensuring a seamless book roll.
The client base is well-diversified, spanning multiple insurance lines, including Individual (IFP) and Group Coverage for Health, Dental, Vision, and Life insurance. The company works with top-tier carriers such as Molina, United Healthcare, Ambetter, Oscar, Cigna, and Anthem.
This presents an excellent opportunity to expand your book of business and boost annual cash flow without the need to increase labor expenses.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
This is a book roll. No Employees.
Market Competition and Expansion:
Competition: The insurance industry is highly competitive, but acquiring this opportunity can lead to substantial business growth and the expansion of your book of business.
Growth & Expansion: Potential Cross-sell opportunities for Life and Wealth Management.
Reason for Selling:
One Seller is retiring and the other Sellers would like to explore other opportunities. A reasonable non-compete will be signed.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:
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