High Net Portable Construction-Heavy Commercial Agency

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High Net Portable Construction-Heavy Commercial Agency
Asking Price:
$2,600,000

Gross Revenue:
$808,241
Cash Flow:
$535,363
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Business Description:

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: http://www.pronovapartners.com/engagement/high-net-portable-construction-heavy-commercial-agency/ Large, portable, construction-heavy book of commercial business is the result of six strategic acquisitions over eight years now offered as a collective opportunity for an established agency to cross-sell its way to long term profitability or fast-track a new agency’s launch. Since 2012, the company has specialized in construction-trade coverage and successfully grown into a robust and certifiable big book of business. Clients come from a broad geographical area and an immense range of trades seeking Worker’s Comp, general business liability and basic E&O coverage. The complexities of commercial mean that strong relationships are needed to for retention and to ward off internet shoppers. All files are loaded into AMS 360 for easy post-closing transition. A purchase will also include six active domains, some of which are generating inbound leads daily, plus all toll-free phone numbers that ring with new and recurring business. NDA is required for release of 25 page comprehensive Confidential Information Memorandum crafted by ProNova Partners.

About the Business

Location:
Whittier, California
Year Established:
2012
Number of Employees:
2
Relocatable:
Yes
Facilities:
Relocation encouraged. Space is currently integrated with Seller’s other business.
Market Outlook/
Competition:
A competitive space but relationships keep retention high. Organic growth is expensive; acquisitions have been the fast track to sustainable progress.
Growth & Expansion:
A tactical Buyer will capitalize on cross-selling opportunities then foray into growing emerging EPLI and protection against cyber-crimes and IT failures.
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About the Sale

Reason For Selling:
Taking over another family business.
Training/Support:
4 weeks @ 20 hours per week.
Seller Financing:
Seller will carry long-term for highly-qualified Buyers with a substantial down pymt

Listing Info

ID:
1644452
Ad Detail Views:
0

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Business Listed by

Rick Carlson

ProNova Partners
License# 01869984

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