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Listing Number: 3829
Summary - SOLD – 18-yr-old P&C Insurance Agency in South Florida for sale!
Independent P&C insurance agency established for 18 years in the South-Florida Tri-County market offering a wide array of services! Insurances for business owners include general liability, standard commercial auto, commercial property, commercial umbrella, professional liability, and workers’ compensation. Insurances for individuals include auto, mobile home, homeowners’, umbrella, renter/condo, and even pet policies! PERSONALIZED POLICIES AVAILABLE FOR EACH PERSON’S NEEDS! With one full-time receptionist, this is an ideal opportunity for owner-operators who recently obtained their Florida 2-20 license, or intend to do so. Business can also be managed owner-absentee, if licensed insurance agents are hired to perform the services (numbers show owner-operator SDEs). If you are an insurance agency and would like to expand your book of business in the area, this is your ideal acquisition! THE BUSINESS IS GROWING! This agency is only 15 policies away from becoming a Progressive Advantage business partner, meaning an increase of 5% on the commission split that new owner will benefit from. THIS IS A TWO-IN-ONE OPPORTUNITY! Tag agency services are also provided, including: Fast Title (Same Day Issuance), Auto, boat and trailer decals, Full tag, title and registration services, boat applications, handicapped permits, personalized plates, and more! RECESSION-PROOF INDUSTRY! Contact broker right now and do not miss this opportunity!
- Category: Other Business Services
- Asking Price: $675,000
- Gross Sales: $402,865
- Cash Flow: $193,705
- County: Broward
- Area: 660 sqft
- FFE: $ 5,000
- Inventory: $1,000
- Real Estate: $0
- Employees: 1 - Full-Time 0 - Part-Time
- Facilities: Store at strip mall / plaza
- Relocatable? Yes
- Home Based? No
- Market Notes: An established independent agency, very well located at a busy plaza/intersection. Good % of repeat business from clients accumulated throughout the 18 years in business. A wide array of insurance services is provided, as well as TAG services, bringing in walk-in traffic and cash revenues to the business.
- Growth Notes: Business is growing and should sell close to half a million in 2022! This year's numbers forecast considerable growth compared to 2021. This agency is only 15 policies away from becoming a Progressive Advantage business partner, meaning an increase of 5% on the commission split, which new owner will benefit from.
- Support Training: 4 weeks included
- Year Established: 2005
- Financing Terms: N/A
- Reason for Selling: Retirement / moving out of the country
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? No