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Description

SOLD ‘Q1

Portable Oregon Health Insurance Book of Business

Portland, OR

(Multnomah County)

Seller Financing Available if the price and deal structure is right.

Asking Price:

$Competitive Auction Format

Cash Flow:

$65,000

Gross Revenue:

$70,000

EBITDA:

N/A

FF&E:

N/A

Inventory:

N/A

Established:

20007

Business Description

Renewals are 90+% Annually and Great Cross Sale Potential~

Cash flow assumes a larger well-staffed Benefits Agency making a strategic acquisition to absorb the service work.

Substantial opportunity abounds to cross sell the P&C piece across all lines b/c this is a benefits only carve out of a larger insurance agency at this time.

As a multi-dimensional financial services company, the Company can expertly determine which medical, dental and vision plans, life insurance solutions and other voluntary benefits are best for individuals and company needs and budgets.

Split of revenue is about 50/50 between small group and individuals.

NDA is required to secure comprehensive book of business report detailing revenue and expenses since 2018.

________________________________________

Detailed Information

Employees:

0, this is just a book of business purchase.

Facilities:

Portable to existing operations.

Competition:

They provide white glove service to all accounts, but competition is out there for health insurance for sure.

Growth & Expansion:

Perfect platform for cross selling P&C as this is monoline benefits book of business.

Support & Training:

As needed.

Reason for Selling:

Focus on core operations of the agency.

Contact info

Pronova Partners

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