Insurance Agency Equity Stake For Sale in Navi Mumbai, India
Insurance agency with 35+ clients in need of funds for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 68 thousand |
| EBITDA Margin | 40 % |
| Industries | Insurance Agencies |
| Locations | Navi Mumbai |
| Local Time | 12:22 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
56 thousand
for
35.0%
stake
(Native Currency: INR 5,000,000)
Reason: Funds would be utilized in developing our website, marketing and launching new services like mutual ...
View More
Includes physical assets worth
USD
5.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration Certificate
(398.2 KB)
PAN Card
(116.8 KB)
Business Overview
- We are a financial advisory company.
- We have a tie-up with TATA AIA, and we are also involved with training their agents.
- In just 4 months of operations we have acquired 40+ clients.
- The company receives a payout on the commissions received by the agents.
- We only deal with insurance policies and we also want to get into mutual funds and loans for which we are in need of funds.
- Company has 3 partners with equal shareholding structure (33% each) and is debt free.
- We have a tie-up with TATA AIA, and we are also involved with training their agents.
- In just 4 months of operations we have acquired 40+ clients.
- The company receives a payout on the commissions received by the agents.
- We only deal with insurance policies and we also want to get into mutual funds and loans for which we are in need of funds.
- Company has 3 partners with equal shareholding structure (33% each) and is debt free.
Products & Services Overview
Life insurance, business insurance, health insurance, general insurance and mutual funds, and loans.
Assets Overview
Laptop, AC, office furniture, computers - 3 (desktops), 1 printer.
Facilities Overview
Built up area of 425 sq ft, on a ground floor which is on lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Financial Planning, Mississauga, Corporate Investor / Buyer connected with the Business
Tags:
Newly Established Insurance Agency Investment Opportunity in Navi Mumbai, India
·Invest in Newly Established Insurance Agency in Navi Mumbai, India
·Newly Established Insurance Agency Investment Opportunity
·Investment Opportunity in Navi Mumbai, India
·Invest in Newly Established Insurance Agency
·Invest in Navi Mumbai, India
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses