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Refer to Broker
$97,230
Reluctantly for sale due to ill health, this clean risk-only book is for sale with significant digital assets available to the savvy buyer.
Careful caretaker mode in recent years means that client retention has been very strong.
Business Highlights:
* Zero client complaints, zero licence breaches, zero ASIC breaches
* 115 clients in total; average age 40-45 years old
* 90% client policies active for 3-4 years, only 4 in clawback period
* 90% clients are self-employed tradesmen
* Significant opportunity to upsell additional products
Key Financial Information:
2024 Commission Revenue: $97,230
Asking Price: $395,000 WIWO
Approx. Stock Value: NIL
Business Broker: Ivan Carlse
Our Reference: SC00598
To learn more about this unique opportunity and receive the Information Memorandum, please complete a quick online confidentiality agreement by clicking the navy ENQUIRE NOW button on LINK's website.
Keywords: risk-only, life insurance, risk insurance, insurance
Ref: SC00598
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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