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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 12 thousand
Run Rate Sales USD 12 thousand
EBITDA Margin 20 %
Industries Mutual Fund Agents
Locations  Delhi
Local Time 3:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 22 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.

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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This transaction has concluded. View similar business opportunities on SMERGERS
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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