Insurance Agency Investment Opportunity in Mumbai, India
|Employees||50 - 100|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 3 million|
|Run Rate Sales||USD 3 million|
|EBITDA Margin||20 %|
|Local Time||1:18 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- B2B insurance broking company.
- We have about 300+ SME and mid-corporate clients, now developing new products and technology around opportunities in the market.
- We are a team of about 70 people with a presence across 5 locations in India.
- Our corporate sales team constantly works to onboard clients.
- IRDAI licensed insurance brokers.
- We earn revenue through commission on the sale of insurance to businesses.
- The company has two shareholders and each of them has a 50% stake.
- Pending office property loan of INR 2.75 crore.
- Our sales have not reduced, we see an increase in sales in the months of July, August, and September.
Insurance broking, reinsurance broking, risk management, and claims consultancy.
The physical assets include the owned office space about 2,000 sq. ft. valued at INR 6 crore; office equipment and furniture are worth around INR 50 lakh.
Owned office space of about 2,000 sq. ft. in the Central Business District of Mumbai.
Earlier than 15 daysProprietor, Insurance, Mumbai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysHead Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
Earlier than 15 daysConsultant, Healthcare, Bangalore, Individual Investor / Buyer connected with the Business