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PROFITABLE CORPORATE ACQUISITION FIRM AND INSURANCE AGENCY LOOKING FOR A PARTNER
(*Unclassifiable, Sales Businesses (in general); *Unclassifiable, Sustainable Businesses; Financial R)
Westchester County, New York
Listed Price: $ 11,200,000
Listing ID: XC1110316

Listing DetailsDown Payment: $ 3,000,000
Gross Revenue: $ 6,400,000
Cash Flow: $ 6,200,000
Inventory: $ 3,000,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:

LOOKING FOR A PARTNER . THE COMPANY IS VALUED AT $ 22,400,000. THE PARTNERSHIP WILL COST $ 11200,000.00 WITH $ 3M DOWN AND THE REST FINANCED BY TO FOUNDING PARTNER. THE BUSINESS'S CURRENT NET PROFIT IS 

$ 6.2M YEARLY AND THE NEW PARTNER WILL RECEIVE $ 3.1 M AS HIS/HER SHARE. THIS IS OBVIOUSLY PRIOR TO THE ANTICIPATED GROWTH AFFORDED BY THE NEW PARTNERSHIP.


Training & Support:

THE FOUNDER/PARTNER WILL COMPLETELY TRAIN AND STAY ON FOR THE DURATION.


Listing SummaryBusiness Description:

PROFITABLE CORPORATE ACQUISITION FIRM AND INSURANCE AGENCY LOOKING FOR A PARTNER:The owner operates 2 different businesses-- a corporate acquisition firm and an insurance agency. The acquisition firm makes acquisitions in biotechnical , medical, health and real estate industries which are funded by key employee insurance premiums. The commissions for these premiums are then paid to the insurance agency. Owner is looking for a partner to form a new entity that will build and expand the current portfolio as well as provide working and bridge capital through investments secured by life insurance policies and the commission receivables from triple A rated insurance companies

There is a great opportunity to sell additional types of insurance to the existing clientele, as well as sell key employee insurance to executives of new companies acquired by the partnership. 

 

Executive Summary

THE COMPANY is a newly organized Delaware company based on 45 years of successful M&A business conducted through privately held, highly profitable companies owned and operated by The Founder, including ( COMPANY ) an insurance company specializing in writing key man life insurance in order to establish insurance estates for companies that can benefit from this type of business approach.

 

VISION

 

Particularly with the economy undergoing severe problems, we feel it is an ideal time to expand by seeking out mergers and acquisitions in undervalued public companies. We would like to merge or joint venture with an investment group that has experienced personnel and broader resources in order to take advantage of what we see as a unique opportunity in the current economic climate. We project that with the right alliance, ourannual earnings of $ 6,3million, with work in process, of close to $10 million, could be increased dramatically.

 

MISSION

 

We will continue our current strategy of identifying undervalued public and private companies and seek through a tie-in or merger with our highly profitable LLC to substantially increase their earnings. 

 

Our areas of interest have been health, nutrition, medical research, pharmaceutical, real estate, financial and insurance.

 

CURRENT SITUATION

 

We are currently in negotiations with privately held and listed companies that, although they were taken public with sizable cash are incurring losses. Under our proposal we would create a substantial estate by writing key man insurance on their executives, directors and advisors with the company as beneficiary. This protection can be underwritten by some of the top rated insurance carriers in the world.

 

Through a merger/tie-in with ( COMPANY ) we would invest our income into this company and buy their treasury stock at today’s highly depressed market price. This income, together with the strength of their balance sheet showing the highly valuable insurance estate, would provide them with a secure future and give their stock an important boost. The legal requirements of a combination between synergistic entities plus the continued control by their management of both their stock and board of directors would be complied with. The strong appreciation of their share values would be in the interest of all shareholders.

 

We have identified and are in negotiations with a number of companies that are ready for implementation. Our biggest challenge is finding the time necessary to devote to developing and closing the many deals on hand. 

 

There are at least 14 companies involved where we have had, after extensive research, discussions and exchanges of memos and confidentiality agreements with their CEO’s and top echelons executives.

 

Aside from the highly valuable insurance structuring of giving them both profits and stronger balance sheet it is possible that we can provide increases to their sales through the association with our other companies synergistic health, nutrition International Spa Holdings, and our OTHER Health Spa and Resorts (COMPANY ) where, we can , by building in our long established highly successful conferences and our vast network of followers, through our director and intimate advisor (Chief Neurosurgeon of 7 hospitals in the Miami/ Hollywood, Fl. area) relationships with prominent doctors and hospitals, our director and EVP, one of the foremost advertising and promotion experts, and several others.

 

We presently own over $100 million in face value insurance policies on our key men/women directors, executives and advisors in companies in which Our Founder is the principal. Many of the policies are like his, on mid 80 year olds who have overcome illnesses yet from an insurance actuarial valuation have short life expectancies and therefore high market values. We can include some of these in our balance sheet. We are continuously writing and paying for additional ones. 


Historical Summary:

STARTED IN 1969 BY THE FOUNDING PARTNER


Owner Qualifications:

M& A EXPERIENCE A PLUS BUT NOT NECESSARY, BUSINESS ACUMEN AND SALES SKILLS NECESSARY AS WELL AS THE REQUIRED DOWN PAYMENT ON THE PARTNERSHIP


Competition:

NONE


Potential Growth:

TOTALLY UNLIMITED


Financing/Terms:

FOUNDER WILL FINANCE 75% OF THE COST OF THE PARTNERSHIP. THE TERMS ARE NEGOTIABLE.


LocationLease Expire: 0000-00-00
Lease Security: 0
Type of Location: Home Based
Facilities:

CURRENTLY LOCATED AS A HOME-BASED BUSINESS , THIS BUSINESS MAY NEED OFFICES IN THE FUTURE AS THE NEED ARISES.


OperationYear Established: 1969
Days & Hours of Operation: FLEXIBLE
Employees: Full Time: 1
Managers: 1
Absentee Owner: No