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    Newly Established Insurance Agency Investment Opportunity in Navi Mumbai, India

    Insurance agency with 35+ clients in need of funds for expansion.
    Whole office
    Established 0-1 year(s)
    Employees 2 - 5
    Legal Entity General Partnership
    Reported Sales Nil
    Run Rate Sales USD 70 thousand
    EBITDA Margin 40 %
    Industries Insurance Agencies
    Locations  Navi Mumbai
    Local Time 6:59 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.5 / 10
    Compare with industry
    Seeking Investment
    USD 60 thousand for 35.0% stake (Native Currency: INR 5,000,000)
    Reason: Funds would be utilized in developing our website, marketing and launching new services like mutual ... View More
    Includes physical assets worth USD 6 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Udyam Registration Certificate
    Udyam Registration Certificate (398.2 KB)
    PAN Card
    PAN Card (116.8 KB)
    Business Overview

    - We are a financial advisory company.

    - We have a tie-up with TATA AIA, and we are also involved with training their agents.

    - In just 4 months of operations we have acquired 40+ clients.

    - The company receives a payout on the commissions received by the agents.

    - We only deal with insurance policies and we also want to get into mutual funds and loans for which we are in need of funds.

    - Company has 3 partners with equal shareholding structure (33% each) and is debt free.

    Products & Services Overview

    Life insurance, business insurance, health insurance, general insurance and mutual funds, and loans.

    Assets Overview

    Laptop, AC, office furniture, computers - 3 (desktops), 1 printer.

    Facilities Overview

    Built up area of 425 sq ft, on a ground floor which is on lease.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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    Newly Established Insurance Agency Investment Opportunity in Navi Mumbai, India View images
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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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