Auto Insurance Company for Sale in Thessaloniki, Greece
Online auto insurance platform tied up with 25+ insurance companies, issuing 250 contracts every month.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 270 thousand |
| EBITDA Margin | 10 % |
| Industries | Auto Insurance |
| Locations | Thessaloniki |
| Local Time | 10:40 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
400 thousand
(Native Currency: EUR 350,000)
Reason: Owner is also in other industries (hotels) and would like to focus on his other businesses. The pref...
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Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(212.9 KB)
Bank Account Verification
(52.5 KB)
Business Overview
- Company operates an online platform that allows users to compare offers from multiple insurance companies and get the best insurance contract.
- We are a certified insurance agent office having connections with 27 insurance companies. We do not provide insurance, but we issue direct contracts to the customers from insurance companies.
- Over 3,000 new contracts are issued per year only in the auto and moto insurance industry.
- Revenue model: We do not charge any fees to users. We get a commission from the insurance companies. The average commission is around 14% on clean insurance fees or around 10% of the total price of each contract.
- The sales have decreased since the owner had to focus on his other businesses.
- Very big client base, as well as a newsletter list of over 40k, subscribed emails.
- Business is completely debt-free and the promoter is the main director. The business has one more director with a minor stake, for tax reasons.
- We are a certified insurance agent office having connections with 27 insurance companies. We do not provide insurance, but we issue direct contracts to the customers from insurance companies.
- Over 3,000 new contracts are issued per year only in the auto and moto insurance industry.
- Revenue model: We do not charge any fees to users. We get a commission from the insurance companies. The average commission is around 14% on clean insurance fees or around 10% of the total price of each contract.
- The sales have decreased since the owner had to focus on his other businesses.
- Very big client base, as well as a newsletter list of over 40k, subscribed emails.
- Business is completely debt-free and the promoter is the main director. The business has one more director with a minor stake, for tax reasons.
Products & Services Overview
- Auto insurance & moto insurance.- Can be expanded to house insurance, boat insurance, pet insurance, and health insurance.
Assets Overview
Sale includes intangible assets (valued at EUR 200,000) - High branded website, 40k subscribed emails, all client base, and contracts with insurance companies.
Facilities Overview
Rented main office of 60 sq mt in Thessaloniki for a monthly rent of €450.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Insurance, Deinze, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Athens, Business Broker connected with the Business
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Earlier than 15 daysCEO, Insurance, Brisbane City, Individual Investor / Buyer connected with the Business
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