MergerPlace

Franchise Auto Insurance Agency

Florida (Palm Beach)


  • Asking Price: $560,000
  • Gross Income: $684,225
  • Cash Flow: $109,298
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $16,800
  • Listing ID: #225922
  • Established: 2015
  • Employees: 3

Business Description

Insurance Agency Franchise, Auto, Trucks, Motorcycles, General Liability, Homeowners etc. Considered an essential business during COVID-19. Sales have increased consistently for the past 4 years. Staff in place. Franchise Fee 7,500 includes training. The training is 2 months long, the new owner must be approved by Franchisor, training will be 2 weeks at headquarters and 6 weeks at location of business. Business can be relocated; Franchise territory has exclusivity for one mile. The Franchisor advertises heavily on Radio, Banks, Street benches and Buses. Selling Price includes a Van. Sales are up 20% from last month. Great opportunity to add to an existing insurance agency. Please refer to listing 6401-193852 and advisor Fatima M. Grady


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: Yes
Number of Employees: 3

Financial Information

Asking Price: $560,000
Gross Revenue: $684,225
Cash Flow: $109,298
FF&E: $16,800
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 1391 Square Footage: 850 Building Type: Prof.-Office Terms & Options: Negotiable or Relocate Expiration Date: 12/31/2021

Reason for selling:

Retirement

Support & Training:

Seller will train for 1 week at no cost

Contact Business Seller

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Business Listed By:

Fatima Grady

Transworld Business Brokers of Central Florida