Choice Financial Group Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Choice Financial Group

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Choice Financial Group Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52421 Insurance Agencies & Brokers
Address	4664 South Boulevard Suite 200b Virginia Beach, VA 23452

Note: Revenues for privately held companies are statistical evaluations.


Choice Financial Group's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Choice Financial Group's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Choice Financial Group is classified as operating in the Insurance Agencies & Brokers industry, NAICS Code 52421.

Choice Financial Group Annual Revenue and Growth Rate

Choice Financial Group	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Choice Financial Group's revenues are gauged from an analysis of company filings.

Choice Financial Group's Income Statement (based on Industry Averages)

Choice Financial Group P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Choice Financial Group has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
August 4, 2021	1	100%	$0 MM
Complete list of funding rounds and total amounts in the Company Report

Market Share of Choice Financial Group's Largest Competitors

A competitive analysis shows these companies are in the same general field as Choice Financial Group, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
SEQUOIA ONE PEO	Tempe, AZ	5
ARTHUR J. GALLAGHER	Itasca, IL	4
MARSH & MCLENNAN COMPANIES	New York, NY	4
WILLIS NORTH AMERICA	Nashville, TN	3
IOWA BANKERS MORTGAGE	Johnston, IA	3
LOCKTON	Kansas City, MO	2
HUB INTERNATIONAL LIMITED	Chicago, IL	2

Nearby Competitors

These companies are similar in business line and location to Choice Financial Group. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
CHOICE FINANCIAL GROUP	Virginia Beach, VA	100
PROSPER INSURANCE GROUP	Virginia Beach, VA	30
CAPSTONE ISG	Virginia Beach, VA	20
BESKIN-DIVERS INSURANCE AGENCY	Virginia Beach, VA	10
EZRA T. SUMMERS INC. T/A WARE INSURANCE	Virginia Beach, VA	6
COLEMAN & COLEMAN PLC	Virginia Beach, VA	6

Future Competition: Choice Financial Group's Fastest Growing Competitors

These companies are in the same general field as Choice Financial Group and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)