Insurance Brokers for sale

View the "INDEPENDENT INSURANCE BROKER" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

INDEPENDENT INSURANCE BROKER

  • Freehold Price: Offers Invited
  • Annual Turnover: £259,000
Seller Reference: 147464
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Business Description
 
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Seller Reference: 147464
Request Details
Business Description
BASED IN NORTH EAST SCOTLAND
FY17 turnover of circa £241k with an EBITDA of £114k.
FY18 turnover of circa £259k with an EBITDA of £122k.
Works in partnership with a multitude of leading insurance companies to provide a comprehensive range of tailored policies.
Serves commercial, corporate and domestic clients across a diverse range of sectors, including: automotive, food processing, manufacturing and plumbing.
3,500 active clients with an 80% retention rate.
Several relationships span over 30 years.
Scope for further growth by cross-selling additional services into its existing client base.
Highly experienced strong second-tier management team in place.
Operates from freehold premises, our clients are flexible as to their inclusion in the sale.
The partners are offering the business for sale to facilitate retirement.
Offers invited.
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