Insurance Agency Investment Opportunity in Dubai, United Arab Emirates
|Employees||50 - 100|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 2 million|
|Run Rate Sales||USD 800 thousand|
|EBITDA Margin||Operating at loss|
|Local Time||12:57 PM Asia / Dubai|
|Listed By||Business Owner / Director|
- Insurance agency operating for more than 8 years.
- Handling more than 1,000 clients under home, auto, and life insurance.
- Revenue is generated from the insurance policy commissions and we charge ~12% as the commission.
- The sales have decreased and the business is running at loss due to the current market conditions.
All types of insurance and investment portfolio management.
Tangible assets include office furniture, laptops, and desktops.
4,600 sq ft of area with an annual rent of AED 400,000.
- The business is currently funded through personal funds.
- The company has 3 directors with equal shareholding and has no debts or liabilities.
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
Earlier than 15 daysHead Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
Earlier than 15 daysFounder, Technology, Noida, Individual Investor / Buyer connected with the Business