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*Owner Absentee* -Financial Services Business w/Amazing Cash Flow

Irvine, California
Finance and insurance
Company Data
Price
$23.1M
29%
Revenue
$11.2M
Top 10%
Profit
$3.3M
7X
Business Overview
About the Company
The offering here is a professional sales organization in the financial service space. Ownership is a small group of successful entrepreneurs. The thing that most excites them is building companies in new industries. They have built and sold multiple companies in their history and are ready to start their next one. This Company has fine-tuned processes during 2023 in order to grow rapidly and efficiently. Margin has been sacrificed for the sake of growth. TTM EBITDA is $3.3M while projected EBITDA is $5M. The staff and management layer are all in place to keep the machine running and growing all while consistently generating cash flow. All facets of the business, sales, marketing, data, accounting, hr have been optimized to not rely on a prospective buyer. Ownership chooses to come into the office a few hours per day but is not required to. The business can operate 100% owner-absentee and has been set up to do so. The company has pristine financial records. Every receipt on the P/L can be found. You will be speaking and working directly with the owners on this sale, no middle-men, no brokers, etc. Serious inquiries only. NDA will be provided for those qualified respondents.
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