High Growth, High EBITDA Wholesale Life Insurance GA & Brokerage

Listing Number: 95371-814732

Description

This Wholesale Life Insurance Agency and Brokerage is tech driven, recruits and employees some of the top Insurance Brokers in the Industry, and is known for their Advanced Case Design and for serving High Net Worth clients. Founded in 2017, the founding Partners set out to create a Fintech Insurance Agency and Brokerage, designing a comprehensive proprietary software, which is included in the transaction. Not long after launching the owners grew to love the strong the cash flows being generated from their insurance business, and shifted their focus to growing their Insurance Book of Business. The Company is built to scale, with the technology in place to recruit as many Brokers and policy holders possible. Due to this, the Company has grown Revenues by 45%, 40%, and 79% in 2021, 2022, & TTM ending 11/30/2023 respectively. The company is licensed to sell Life Insurance, Annuity Products, and Health Insurance related products, but over 99% of their revenues come directly from Life Insurance related products. The current owners do not actively work in the business on a full-time capacity, and the Company has a solid management team in place that runs the day-to-day operations, and that can continue to run the business for the right qualified buyer post close. The company is growing exponentially, and can continue to grow by investing in Broker recruitment and education and adding more Brokers to the Company and platform. Also, there is a SaaS opportunity for a Buyer to license the proprietary software as an Insurance Agency and Brokerage client and policy management software to other Agencies and Brokerages thru the use of Enterprise License Agreements, which the Company is not currently doing.

TTM ending 11/30/2023 actual results as follows;

Revenue $7,748,231
Adj. COGS $4,923,514 – 63.5% of Rev
Adj Gross Profit $2,824,717 – 36.5% of Rev
Adj. Expenses $182,823 – 2.4% of Rev
SDE $2,641,894 – 34.1% of Rev
Adj. EBITDA $2,461,894 (with $180K replacement salary) 31.8% of Rev

Life and Health Insurance License is required to own and operate this business.

The sale is confidential. A signed NDA and Completed Buyer Profile is required to provide confidential information to any prospective Buyer.

For more information, please contract Chris Beckman at [email protected], or by calling our office at (714)-824-4492.

Listing Details

• Price: $ 7,600,000
• Down Payment: $4,560,000
• Sellers Discretionary Earnings: $ 2,641,894
• Total Sales: $ 7,748,231
• Location: Orange County, California


• Inventory: $ 0
• FF&E: $ 0
• Employees: 15
• Year Established: 2017
• Reason for Selling: Other Interests
• Category: Insurance