MergerPlace

Franchise Insurance Agency

Florida (Palm Beach)


  • Asking Price: $560,000
  • Gross Income: $212,560
  • Cash Flow: $101,883
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $16,800
  • Listing ID: #223076
  • Established: 2015
  • Employees: 3 Ft / 1 PT

Business Description

Excellent opportunity to acquire of one of the top 100 Hispanic fastest growing Insurance franchise in the U.S. Founded since 1980 with 150 plus franchisees in S. Florida. Partnered with Progressive, Infinity, Foremost + Star Casualty company among others. Preferred higher commissions paid due to brand recognition. Consistent and aggressive marketing campaign from franchisor. Manager with 220 license on staff. Book of business renewal over 85% retention. 80% private auto BOB. 2020 #'s tracking to 250k in commissions. Low rent $1391/month. Great Books & records.


Business Details

Primary Business Category: Finance - Insurance Carriers & Related
Location: Florida
County: Palm Beach

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 Ft / 1 PT

Financial Information

Asking Price: $560,000
Gross Revenue: $212,560
Cash Flow: $101,883
FF&E: $16,800
Seller Financing Available: No

Property Information

Facilities:

Strip Center in Palm Beach County- Rent only $1391/month-Lease expires 12/31/2021-850 sq ft.

Support & Training:

Will train for 1 week @ no cost 220 License.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers