OFF-MARKET-Seattle Annuities Book of Business For Sale

OFF-MARKET ‘Q4 2024

Seattle Based Annuities Book of Business

Seattle, WA (King County)

Seller financing available if the price and deal structure is right.

Asking Price: $300,000

Cash Flow: $277,052

Gross Revenue: $301,252

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1981

Employees: 1 (none other than seller)

Business Description:
The Seller of this book of business has taken great care in providing excellent financial guidance and annuities products to local clients for over 40 years. As the Seller prepares for retirement, he offers his entire book of annuities clients to a Buyer who sees the value and potential of this book of business to grow their own revenue.
Policies offered represent 13 common carriers, including Fidelity & Guarantee Life, Securian, Clear Spring Life & Annuity and others. Some of these (about 11%) are out of surrender or will be within 3 years.

NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities:
Not applicable with this book.

Competition:
In an industry as fragmented as the life insurance and annuity market, trust is paramount. Our Seller has cultivated lasting relationships with clients spanning over two decades. Professionals and high net-worth individuals who are planning for retirement and protecting their assets need a relationship with a company who can continue to give good advice and offer sound investments, insurance products, and retirement planning. The ideal purchaser of this business possesses the capability to offer a diverse range of financial services to this established client portfolio and excellent service.

Growth & Expansion:
This book of business provides an opportunity to cross sell, upsell, renew, and gain referrals.

Financing:
TBD if structure and terms are acceptable.

Support & Training:
The Seller is committed to working with the Buyer to ensure the book of business is properly transferred, and to provide background information for each client as well as a warm introduction.

Reason for Selling:
Retirement