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Insurance Agency Investment Opportunity in Dubai, United Arab Emirates

Insurance broking business in Dubai catering to over 1,000 clients seek investment.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.9 million
Run Rate Sales USD 820 thousand
EBITDA Margin Operating at loss
Industries Insurance Agencies
Locations  Dubai
Local Time 2:39 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 820 thousand for 20.0% stake (Native Currency: AED 3,000,000)
Reason: Need funds for business expansion.
Includes physical assets worth USD 27 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- 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.
Products & Services Overview
All types of insurance and investment portfolio management.
Assets Overview
Tangible assets include office furniture, laptops, and desktops.
Facilities Overview
4,600 sq ft of area with an annual rent of AED 400,000.
Capitalization Overview
- The business is currently funded through personal funds.
- The company has 3 directors with equal shareholding and has no debts or liabilities.
Recent Activity
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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.
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