CK004-South East-£1,000,000-Insurance Book for sale

South East, United Kingdom

CK004-South East-£1,000,000-Insurance Book for sale

Asking Price:$1,443,999

Cash Flow:$1,220,179

Gross Revenue:$2,310,399

EBITDA:$284,467

FF&E:N/A

Inventory:N/A

Established:N/A

CK004-South East-£1,000,000-Insurance Book for sale

Get Financing Save Print Share Valuation Report

Business Description

Insurance Book for sale by independent insurance broker
Ref. CK004
Location : South East
Asking Price : £1,000,000
Turner Butler has been appointed to invite offers for the purchase of the Insurance Book of business or the share capital of a leading independent insurance broker.

Key strengths:

The business has the following key attributes:

c12,000 + policies currently in place.
Insured book value in excess of £1m
Customer retention rate in the range of 80% to 85%.
Approximately 60% renewals via Direct Debit/Credit Card authority.
Claims ratios low for the sector – less than 10% of the gross premiums.
Strong relationships with Underwriters.
Excellent reputation for high levels of customer service.
Very effective sales operation – in-house Call Centre.
Substantial potential for range and market expansion.
The business provides an acquirer with an ideal bolt on for a company already operating in the insurance sector or alternatively an excellent starting opportunity for an individual or organisation looking to establish themselves in the financial services sector.

Listing Statistics for Premium Members

Ad#:1277495 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Reeta Verma

Business Listed By:
Reeta Verma

Turner Butler

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


InXpress

Franchise Opportunity
Capital Required: $55,300