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This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.
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An insurance agency that has been operating since 2009 is for sale. The company’s portfolio is focused by the share of corporate sales.
The client portfolio has a very high stability, the percentage of renewal is 95%. At the same time, the portfolio itself has been growing annually since its opening by 30% per year.
The Agency has signed direct agency contracts with more than 20 insurance partners. All sales of the company are carried out only by its sales department without the involvement of agency, partner and other channels that affect the volume of income and the level of remuneration.
The business owner is not involved in working with clients, but performs only control functions and deals with strategic development issues.
The business shows excellent growth dynamics. This is a living, developing company, in which there is no direct dependence on the owner.
© 2023 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.
This website is operated by MergersUS Inc.a US Corporation with registered office at 40th Wall Street, Suite #2725, New York, New York 10005, United States of America.
This website is operated by MergersUS Inc a US Corporation with registered office at
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Description
An insurance agency that has been operating since 2009 is for sale. The company’s portfolio is focused by the share of corporate sales.
The client portfolio has a very high stability, the percentage of renewal is 95%. At the same time, the portfolio itself has been growing annually since its opening by 30% per year.
The Agency has signed direct agency contracts with more than 20 insurance partners. All sales of the company are carried out only by its sales department without the involvement of agency, partner and other channels that affect the volume of income and the level of remuneration.
The business owner is not involved in working with clients, but performs only control functions and deals with strategic development issues.
The business shows excellent growth dynamics. This is a living, developing company, in which there is no direct dependence on the owner.
Basic Details
Target Price:
$1,600,000
Gross Revenue
$380,000
EBITDA
$180,000
Established
2009
Business ID:
L#20210188
Country
Russia
Detail
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Published on October 25, 2021 at 1:00 pm. Updated on October 26, 2021 at 1:06 pm
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