Third-Party Administration Company

Asking Price:

$40,000,000

Financial Overview

Revenue:
$10,500,000
Income:
$6,200,000
Multiple:
7x

Business Description

For sale is a fully remote third-party administration company that has been growing at a breakneck pace and will continue to double every year due to the near limitless customer base and innovative acquisition structure enabling them access to clients as fast as they can be processed. The past year the operational processes and training have been refined and things can scale exponentially going forward.

The company is on track to do $6-7 million profit this year with over 60% margins (up from $3 million profit a year ago). This doubling or tripling in year-over-year growth will only continue as the training of employees has been fully built to scale at very minimal costs. The price will continue to grow as the business accelerates every month so don’t delay in inquiring. Serious interested parties only — will be subject to verification of funds.

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