Description
SOLD ‘Q4 2023
Commercial Independent Book of Business specializing in CA Contractors
Sacramento, CA (Sacramento County)
No Seller Financing Available
Asking Price: Best Possible Offer
Cash Flow: $59,000
Gross Revenue: $195,500
EBITDA: $59,000
FF&E: $0
Inventory: N/A
Established: 2007
Employees: 0
Business Description
This book of business primarily serves California based contractors for their commercial insurance needs. With a strong emphasis on customer service and very little marketing,
this book of business is ready to land in a new home.
The book offers MGA plans, and could be a good fit for a broker who already has some experience in underwriting CA contractors. Three years, stable revenue is shown with historical policy renewals supporting a similar year-end in 2022. Gross revenue and EBITDA are from the Twelve trailing months 6/21-7/22.
This is an independent book of business.
NDA required {SUBMIT BELOW} to receive comprehensive Executive Summary crafted by ProNova Partners.
Detailed Information
Facilities: Not Applicable
Competition: There is plentiful competition in commercial insurance due to the need, especially for contractors. What makes this company standout is its consistency, efforts to consistently provide top-level customer service.
Support & Training: The Sellers wish to facilitate a successful transition of the business and are willing to provide support to this end.
Reason for Selling: Retirement