A rare opportunity exists to acquire this locally owned insurance brokerage, successfully operating in the Lower Mainland for the past 35+ years. They specialize in Home, Auto, Travel and Tenant coverage, made up of primarily personal lines and including an Autoplan license.
Enjoying a solid clientele base, the Company is well established with a reputation for customer service and support, which has resulted in strong retention and consistent performance.
The local P&C and Autoplan market is considered a mature and highly competitive industry, where expansion, through market share gain is difficult, acquisition of a brokerage like this represents a significant opportunity for growth to an existing business.
|Year End Jul 31||2017||2018||2019||2020|
|Average Gross Margin||42%|
|4 Year Weighted Normalized EBITDA||$426,087.07|