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Parmrx Express Inc

Third Party Administration of Insurance and Pension Funds · Brooklyn, NY

Parmrx Express Inc is a business in Brooklyn, New York, listed under third party administration of insurance and pension funds, with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $780K to $2.7M.

Public record

Industry
Third Party Administration of Insurance and Pension Funds (NAICS 524292, as reported by the business)
Location
Brooklyn, New York
Staff
10 to 19 people (as reported in 2020 to 2021)
Local rank
#38 of 326 businesses in Brooklyn listed under agencies, brokerages, and other insurance related activities, by staff size (2020 to 2021)
Registration
Active (as of October 2026)
Formed
January 10, 2003
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Agencies, Brokerages, and Other Insurance Related Activities with 10 to 19 staff, bought 2023 to 2026. Based on 39 purchases.

Loans used to buy them

$660K to $2.3M

Middle loan about $1.4M

Estimated purchase prices

$780K to $2.7M

Middle price about $1.7M

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Parmrx Express Inc.

Financials of businesses like this

Average revenue

$4.3M

a year

Average payroll

$1.1M

25% of revenue

Average staff

13.6

people

US averages for third party administration of insurance and pension funds with 10 to 19 staff, 2022 (352 businesses). These are not Parmrx Express Inc's own figures; its own revenue and profit are what a valuation needs.

Value Parmrx Express Inc on Value Alpha

Buying, selling or advising on Parmrx Express Inc? Add its revenue, profit and owner pay, or upload the statements, and get a valuation range with bear, base and bull cases, built from comparable companies and completed sales in its industry.

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Agencies, Brokerages, and Other Insurance Related Activities in Brooklyn: the sale report

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Questions

How much is a business listed under agencies, brokerages, and other insurance related activities worth in New York?
From 2023 to 2026, businesses listed under agencies, brokerages, and other insurance related activities with 10 to 19 staff sold for about $780K to $2.7M, with a middle price of about $1.7M, based on 39 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Parmrx Express Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Parmrx Express Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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