Description
OFF-MARKET ‘Q1 2022
$8.85MM Prem Insurance Agency Book Roll 100% Homeowner
Little Rock, AK (Saline County)
Seller Financing Available
Zip Code: 72002
Asking Price: $8,000,000
Cash Flow: $1,350,000
Gross Revenue: $1,500,000
EBITDA: N/A
FF&E: NA
Inventory: N/A
Established: 2010
Employees: NA
Business Description:
We are representing an independent insurance agency that is looking to complete a divestiture in the form of a ‘book-roll’ for their overall homeowners insurance book of business. 3,800 total policies spread across almost 2,000 customers so this is very diversified.
NDA needed for Executive Summary on file with ProNova Partners {SUBMIT BELOW}.
Detailed Information:
Facilities:
N/A
Competition:
Absolutely
Growth & Expansion:
Abundant growth opportunities, book is literally collecting income and strong potential for cross sells with the right agency and relationships, and bundle policies (if possible).
Financing:
Depends on structure, minimal if any
Support & Training:
As needed.
Reason for Selling:
Retirement