Insurance Brokerage & Consulting Firm

Harris County, TX (Relocatable)

Insurance Brokerage & Consulting Firm
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Asking Price: $1,550,000

Cash Flow: $306,537

Gross Revenue: $1,175,812

EBITDA: N/A

FF&E: $228,447

Inventory: N/A

Established: 1980

Insurance Brokerage & Consulting Firm

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Business Description

A boutique insurance consultant firm that has excelled at providing consulting services to small, mid and large enterprise firms' human resource and risk management staff and C-level executives. The business employs high-performing human capital with prior experience in global consulting firms, leveraging skill sets in financial analysis, underwriting and benefits consulting. This hiring practice has enabled the business to service clients of all sizes in different industries including energy, healthcare, manufacturing, public entities, real estate, transportation, technology and more.

Detailed Information

Location:
Harris County, TX
Employees:
3 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Currently operating out of an office in central Houston, though relocating to a similarly appointed but smaller office space after October 31.
Competition:
This business is long-standing and well-adjusted to the competitive nature of the industry, positioned with large companies and is rooting itself in the middle market and main street areas of insurance.
Growth & Expansion:
Growth can be achieved by focusing on partnerships that allow the business to reduce the cost of acquiring and servicing small groups, allowing the business to maintain a profitable presence in the small group space. Growth opportunities also exist not only by partnering with benefits related technology companies, but also with technology vendors that service user elements such as telemedicine or cyber security.
Support & Training:
Will train for 12 weeks @ $0 cost. Products include: Employee Benefits Brokerage and Consulting Risk Management Insurance Brokerage Suggested Licenses: General Lines Agent; Life, Accident, Health & HMO General Lines Property & Casualty Texas Group 1 Life & Health & Insurance Counselor
Reason for Selling:
Retirement.
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Mitchell Earley

Business Listed By:
Mitchell Earley

Murphy Business Sales - Central Houston

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Sponsoring Broker:
Mike Holloman

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