An insurance agency that has been operating since 2009 is for sale. The company’s portfolio is focused by the share of corporate sales.
The client portfolio has a very high stability, the percentage of renewal is 95%. At the same time, the portfolio itself has been growing annually since its opening by 30% per year.
The Agency has signed direct agency contracts with more than 20 insurance partners. All sales of the company are carried out only by its sales department without the involvement of agency, partner and other channels that affect the volume of income and the level of remuneration.
The business owner is not involved in working with clients, but performs only control functions and deals with strategic development issues.
The business shows excellent growth dynamics. This is a living, developing company, in which there is no direct dependence on the owner.
Gross Revenue
$380,000
EBITDA
$180,000
Established
2009
Business ID:
L#20210188
Country
Russia
| Business ID: | L#20210188 |
| Property Type: | Insurance Company |
| Property Status: | For Sale |
| Target Price: | $1,600,000 |
| Gross Revenue: | $380,000 |
| EBITDA: | $180,000 |
| Target Price / Revenue: | 4.21x |
| Target Price / EBITDA: | 8.89x |
| Established: | 2009 |
| Business Description: | The company has 6 sales managers + a department head. All employees have been working for more than 5 years. |
| Reason for Selling: | Disinvest |
Updated on October 26, 2021 at 1:06 pm
Leading Insurance Agency
