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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

Contact info

Pronova Partners

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