Established Insurance Firm for Sale - Wake County,North Carolina - Business for sale
Business Description :
Writes insurance for both group and individual health plans. This opportunity is to purchase the business (not a book) with an established name, proven marketing plan, and high commission level. Sellers have developed and put into production an extremely profitable online sales solution which is adding significant profit to the bottom line representing a incredible opportunity to leverage across additional lines.
Historical Summary:
Company has had consistently high year over year growth in top and bottom line performance. Group products represent ~75% of gross with personal products comprising the balance of ~25%. Over 5500 clients with last three year gross sales increase average FIFTY EIGHT PERCENT ANNUALLY.
Owner Qualifications :
Buyer must be experienced in the insurance services industry, be able to directly manage accounts as well as employees in all facets of business. Must be able to work with current referral sources.
Competition:
Company competes in an extremely competitive environment where customers have many choices. Company competes extremely well at corporate level due to quality of service and at the personal level very well due to extremely effective use of technology. Sellers will sign an extended non-compete on clients and contacts beyond employment agreement UP TO 10 YEARS.
Potential for Growth :
Sellers will GUARANTEE 20% ANNUAL GROWTH for 8 quarters post transaction (concurrent with employment agreements!! Signi
Wake County, North Carolina
Date posted: 2/7/2008
View more: Established Insurance Firm for Sale - Wake County,North Carolina
Acquireo.com