MergerPlace

Well Known Insurance Agency for Sale

Florida


  • Asking Price: $760,000
  • Gross Income: $338,025
  • Cash Flow: $156,227
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $12,795
  • Listing ID: #225986
  • Established: 2013
  • Employees: 3

Business Description

Time to retire. Established 8 years, well-known name insurance agency in prime South Palm Beach area. Approximately 1387 policies in place. Coverages include P&C, auto, homeowners & condo, boats, and rentals. 85% + retention and loss ration 51%. The seller and 2 agents are writing policies. Excellent book & records and monthly productivity reports available. All Buyers need to have a 220 license and be approved by the insurance company. Please refer to listing number 0101707613, business broker Marty Fishman 954-296-2995 when inquiring about this listing.


Business Details

Primary Business Category: Services - Business
Location: Florida

Company Information

Year Established: 2013
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $760,000
Gross Revenue: $338,025
Cash Flow: $156,227
FF&E: $12,795
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 3200 Square Footage: 1450 Building Type: Office Terms & Options: Expiration Date: 5/31/2023

Competition:

Non Compete : Miles: 20 Years: 3

Reason for selling:

Retirement

Support & Training:

Weeks Training: 2 Cost: $0

Contact Business Seller

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Business Listed By:

Marty Fishman

Transworld Business Brokers of Central Florida