Business Opportunity
PAL Finance
Listing ID: SA1598
Description
Founded in 2019, the owner of this independent insurance agency in South Carolina provides services to South Carolina, North Carolina, and Georgia. The agency offers a wide variety of insurance products covering Home, Auto, Commercial, Health, Commercial and life insurance. Current ownership has been able to grow the book of business substantially in less than three years and has built a strong foundation of loyal customers for continuous growth with a 70% retention rate
INVESTMENT HIGHLIGHTS:
INVESTMENT HIGHLIGHTS:
- $1,650,000 Book of business in less than three years
- Consistent growth with loyal customer base
GROWTH OPPORTUNITIES:
The Company has opportunities for quick growth as identified below:
The Company has opportunities for quick growth as identified below:
- Geographic Expansion: Pursuing untapped markets in nearby states such as Tennessee, Mississippi, Alabama, and Florida could be a quick way to expand the current client base and increase revenue.
-
Marketing Campaign: An extensive marketing campaign on major social media platforms could increase awareness of the company and complement current sales drivers.
Financial information
- $321,000.00 Asking Price
- $115,372.00 Cash Flow
- $194,706.00 Gross Revenue
- N/A FF & E
- N/A Inventory
- No Financing
Reason for sale
The Seller realizes the insurance industry is not for him and would like to pursue other ventures.
Facilities
Home based.
Detailed information
Home Based:
YesFranchise:
NoDistressed:
NoRelocatable:
YesYear Established:
2019Year Acquired:
2019Willing To Train:
Seller is willing to train new owner for a smooth transition.Real Estate Available:
NoIs Property Leased:
NoReal Estate Included:
NoIs Management Staying:
NoDays Open:
N/AHours Open:
N/AFull Time Employees:
1 owner operatedPart Time Employees:
N/ABuilding Size:
Home BasedListing Id:
SA1598
Contact Us
Business location
South Carolina