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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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contact info

Pronova Partners

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