Healthcare Insurance Book Of Biz
www.GlobalBX.com
Listing ID:
700397673
Listing Title:
Healthcare Insurance Book Of Biz
Quick Link:
http://www.globalbx.com/listing.asp?bId=397673
Industry:
Business Services
Industry Segment:
Financial
Country:
United States
State / Province:
Florida
Area
City:
Deerfield Beach
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
$3,742,436
Cash Flow:
$3,400,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2020
Number of Employees:
1 - 3
Business Description:
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.
Detailed Information
Facilities: This is a book roll. No Employees.
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.
Financing: TBD if structure and terms are acceptable.
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