OFF-MARKET-Niche Portable Insurance Book of Business for Sale

OFF-MARKET ‘Q4 2023

Portable Insurance book specializing in Jewish clients

Los Angeles, CA Los Angeles County

Zip Code: 90034

No Seller Financing Available

Asking Price: Best Possible Offer

Cash Flow $48,000

Gross Revenue: $54,000.00

EBITDA: Per CIM to be provided

FF&E: N/A

Inventory: N/A

Established: 2011

Employees 2, all US based

Business Description

This asset for sale is described by our client as an “Israeli Amazon resellers book.” The Seller says “If you are an Israeli or Hebrew speaker, you could have access to one of the fastest growing and thriving group of business owners on the planet. Many of our client’s customers own many resellers. Our client has only accessed a few of these businesses. If you as the buyer have a Tel Aviv office, you could make use of these customers to insure many of their other businesses and endeavors”.

Amazon has forced all resellers to buy insurance/General Liability. This has been boon for our client as far as new customer count. Next year, our client imagines many people who bought from other vendors will contact him because his customers are happy, and the Facebook group constantly shares how happy they are with his service. Other vendors have dropped the ball. Our client sees massive rate increases for Israelis who bought insurance directly online who will need professional help.

Our client says literally every single client was a referral from a public Facebook group. Our client was able to provide good service and support and customers continue to send our client new prospects which in 80% of the circumstances he sells.

Many of our client’s customers need only an annual certificate of insurance for Amazon. They need NO ongoing service, and the policies are all on auto-renewal.

Our client notes: “The industry is Amazon Resellers. This industry is now a greenfield for any insurance broker or company as Amazon and the other sites (eBay and Etsy) will make general liability coverage a mandatory necessity. Amazon resellers are a growing market for entrepreneurs as there is little front-end investment required.”

Our client’s “ready to go,” profitable insurance structure and book, plus relationships, will enable a buyer to be up and running immediately.

NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: N/A

Growth & Expansion:

Almost unlimited with no marketing costs.

Financing:

Sellers do not wish to provide financing.

Support & Training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Reason for Selling:

Other business interests