MergerPlace

Captive Insurance

Florida (Palm Beach)


  • Asking Price: $635,000
  • Gross Income: $253,000
  • Cash Flow: $85,766
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $15,000
  • Listing ID: #203004
  • Established: 1998
  • Employees: 2

Business Description

This agency (Captive) has been operating out of the same location for 19 years. Very profitable. New buyer will qualify for the enhanced payout plan!! Approx. $125k in commissions from Auto and $125k in annual commissions from Brokered book (Home Owners). Total income of $250k/yr. Strong retention (86%) and internal metrics. Sale includes all new PCs and office equipment. Rare opportunity to own a profitable Agency with reoccurring income. Please refer to listing number 7301-88077 and advisor David Ballou when inquiring.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Florida
County: Palm Beach

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $635,000
Gross Revenue: $253,000
Cash Flow: $85,766
FF&E: $15,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 2300 Square Footage: 1200 Building Type: Office Center Terms & Options: M-M can est. a LT lease Expiration Date: 10/26/2018

Competition:

This captive agency is one of the top brands in the industry. They provide training and sales leads, etc.

Reason for selling:

Retirement

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

David Ballou

Transworld Business Brokers