IB0009 / General & Long Term Insurance Broker / HKD 5.55M / NAV HKD 2.5M / Established HK Insurance Brokerage with International Clientele

🔑 Key Points:

• General & Long Term Insurance Broker License (excluding Linked Long Term Business)
• Selling Price: HKD 5.55M (inclusive of Paradox Commission)
• Net Asset Value (NAV): HKD 2.5M

💼 Major Selling Points:

• License granted in 2022, no conditions or restrictions
• HKD 2.8M annual income (approximately HKD 300,000 monthly)
• 20+ contracted insurance companies including AXA, Bupa, Cigna, Zurich, AIG
• Diverse international client base (45% corporate, 55% individual)
• Established business with potential for growth

📋 Other Details:

• 1 Responsible Officer (RO), 3 Technical Representatives (TR)
• Monthly expenses: approximately HKD 110,000
• Office located in Wan Chai, rent HKD 17,000 per month (lease until July 2025)
• Client nationality breakdown: 30% UK, 20% French, 20% Spanish, 10% US/Canada, 10% Hong Kong, 10% Other Asian
• 95% of clients based in Hong Kong, 5% spread across Asia, Europe, and Central America
• Current team of 4 staff (owner, owner’s spouse, one Swedish, one Scottish)
• Staff salary excluding owner and spouse: around HKD 70,000 per month
• Wholly owned by natural persons, single shareholder
• No legal claims, disputes, or public disciplinary actions in the past 5 years
• Business value primarily in the book of insurance clients, with premiums typically increasing annually

For more information or to engage the seller, please WhatsApp 93472064. Paradox Management Limited is representing the seller, and the price shown is inclusive of Paradox Commission.

Please note: These details are for reference only and may deviate significantly from the actual company. View with caution.