MergerPlace

Independent Insurance Agency est 52 yrs

Florida (St. Lucie)


  • Asking Price: $350,000
  • Gross Income: $172,379
  • Cash Flow: $61,670
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $2,000
  • Listing ID: #202363
  • Established: 1965
  • Employees: 1

Business Description

Independent insurance agency with standard, mostly direct bill, long established solid carriers including auto owners. 1/2 commercial premiums (90% retention, 85% ret personal). Very little life policies. Must stay in location for 2 years for current carrier to approve buyer. Buyer must have 220 and life licenses. Owner passed away 10 months ago and 1 FT employee has managed all accounts with no attrition. Please refer to listing number 6401-86492 and advisor Erin Bean when inquiring.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Florida
County: St. Lucie

Company Information

Year Established: 1965
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1

Financial Information

Asking Price: $350,000
Gross Revenue: $172,379
Cash Flow: $61,670
FF&E: $2,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 1535 Square Footage: 500 Building Type: OFFICE Terms & Options: SHARED Expiration Date: 11/30/2019

Reason for selling:

Owner passed away

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

Erin Bean

Transworld Business Brokers