Mutual Fund Agent for Sale in Delhi, India
Firms sells mutual funds & insurance and also helps customers in claim settlement.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 11.7 thousand |
| Run Rate Sales | USD 12 thousand |
| EBITDA Margin | 20 % |
| Industries | Mutual Fund Agents |
| Locations | Delhi |
| Local Time | 2:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
21 thousand
(Native Currency: INR 1,800,000)
Reason: Time constraint to manage the business.
Business Overview
Our firm acts as an agent for selling mutual funds and life & general insurance. Have tie-ups with 42 companies for mutual funds and 10+ for insurance service. We are associated with all the big brands in the market including IDFC Mutual Fund, Indiabulls Mutual Fund and Reliance Mutual Fund. Our revenue model is the commission we receive from these companies. Serve more than 40 customers per month and see over 100 daily hits on our website. Owner holds AMFI certification.
Since it's not asset heavy business, we do not own any physical assets, however, our business is valued as per the website we have built and traffic we generate. Our domain name has high valuation as per "WHOIS Domain Lookup" and we are looking to sell it at that price.
Since it's not asset heavy business, we do not own any physical assets, however, our business is valued as per the website we have built and traffic we generate. Our domain name has high valuation as per "WHOIS Domain Lookup" and we are looking to sell it at that price.
Products & Services Overview
Agent for mutual funds and insurance.
Facilities Overview
150 sq ft of office on rent.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysCEO, Insurance Brokerage Firm, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, IT, Insurance, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Marketing, Mumbai, Individual Investor / Buyer connected with the Business
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