Back to Listings 6 Y/o Absentee-Owner Niche Subscription Service

Asking Price : $385,000

Annual Gross Revenue : $105,945

Annual Net Profit : $92,619

Profit Multiple : x4.16

Inventory Value: -

R-Index : 97

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From the Broker

This niche subscription business caters to insurance brokers, providing them valuable research information by procuring open records data related to workers compensation.

The business currently operates in just 1 out of 30+ states that provide similar open records data, providing a significant expansion opportunity.

With the owner being an active insurance broker himself, this has always been a side business for him and has never been actively marketed or worked on. The over 30 annual subscribers have all been acquired, for the most part, through word of mouth.

Churn rates are virtually non-existent, with revenues having remained steady for nearly 5 years.

This is an incredible opportunity for someone with the passion and knowledge to market the business and increase its customer base.

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Listed By

Sale Pending: No

First Seen: Wed, Dec 12th 2018

Last Updated: Thu, Jan 31st 2019

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