Insurance Agency Equity Stake For Sale in Dubai, UAE
CBUAE registered and licensed insurance broking company based out of Dubai seeks growth capital.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 6 - 7 million |
| Run Rate Sales | USD 3.3 million |
| EBITDA Margin | 8 % |
| Industries | Insurance Agencies |
| Locations | Dubai |
| Local Time | 10:53 AM Asia / Dubai |
| Listed By | Management Member |
| Status | Moderately Active |
Partial Stake Sale
USD
2.04 million
for
20.0%
stake
(Native Currency: AED 7,500,000)
Reason: For growth capital. We have valuation reports that value our company AED 37.5 million.
Includes physical assets worth
USD
310 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Audited Financials (Latest)
(9.7 MB)
Trade Licence
(1.2 MB)
Business Overview
We are exclusive partners with Etisalat for lead generation and deal closures. We have a substantial retail and corporate portfolio of more than AED 100 million in gross written premiums. We have about 6,000 corporate clients and our commission ranges between 5-40% across all products. We are registered with the Central Bank of the UAE (CBUAE) as well. Although our sales have gone down we have optimized operations and increased our net profit margin in the last 2 financial years.
Products & Services Overview
Motor insurance, health insurance, and general insurance products for both corporate and retail clients.Motor insurance is the top-selling product in terms of revenue and the maximum share of that comes from retail clients. Health insurance products are the top-selling among corporate clients.
Assets Overview
Tangible assets:- Interiors worth AED 213,222.
- Fixtures and furniture worth AED 666,405.
- Office equipment worth AED 236,899.
- Motor vehicles worth AED 32,910.
Intangible assets:
- Technology stack for end-to-end insurance processing worth AED 2.15 million.
Facilities Overview
We have two rented offices at Al Nasr Plaza commercial building in Oud Metha, Dubai.
Capitalization Overview
Presently all the funding comes from the owner. The owner holds 98% of the company with the remaining 2% with the local partner. There are only two partners at present.
Recent Activity
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Earlier than 15 daysReal Estate Agent, Property Development, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPurchase Specialist, Vehicle Repair And Maintenance, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysStrategic Advisor, Non-profit Organizations, Dubai, Individual Investor / Buyer connected with the Business
Tags:
Insurance Agency Investment Opportunity in Dubai, United Arab Emirates
·Invest in Insurance Agency in Dubai, United Arab Emirates
·Investment Opportunity in Dubai, United Arab Emirates
·Insurance Agency Investment Opportunity
·Invest in Dubai, United Arab Emirates
·Invest in Insurance Agency
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