Cash flowing absentee insurance business with growing year over year revenue

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Financial Service Businesses for Sale

  • Primary Industry: Insurance Agencies

The business provides public insurance adjusting for clients across the country. They have experienced, bonded, and licensed adjusters that provide a high level of service to assist in some of the worst times in their clients lives. They handle the entire process for the clients from inspections, representation, the use of expert witnesses, loss estimating, appraisals, and umpiring. The owner has a limited role in the business and could be run absentee.

Financial Information

  • $8,000,000 Asking Price
  • $1,665,777 Cash Flow
  • $4,832,736 Gross Revenue
  • Negotiable Down Payment
  • Yes Financing

Business Location

  • City: Southwest Florida
  • State: Florida

Financing Comments

  • Seller is open to discussing a small portion of seller financing for the right buyer and offer.

Reason for Sale

  • The owner has other business interests and wants to focus on other unrelated businesses.

Detailed information

  • Year Established: 2021
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 14
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 10
  • Adjusted EBITDA: $1,100,687
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: On request
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: On request

Training/Support

  • The owner is willing to stay on for a smooth transition and that period of time is negotiable.

Facilities

  • Office

Market Outlook/Competition

  • The $11.7B market for insurance adjusting is expected to rise by 1.9% in the coming years. Technology will play a crucial role in modernizing the industry with the adaptation of AI and other technologies increasing efficiencies. The companies that adapt these new technologies will become the leaders in the industry.
Business Listed by
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Greg Bell
Sunbelt of Naples
Email Greg
Show Phone Number
Listing ID
NAPFL001-56229

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