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Business For Sale
INDEPENDENT INSURANCE AGENCY WITH REAL ESTATE
Attn:
Michael D. Goleno
Panama City / Bay County Area, FL, USA
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Listing Number: "INSURANCE"
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Listing
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Asking Price: |
$350,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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owner retirement |
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Year Established:
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1999 |
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# of Employees:
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1 |
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Yearly Cash Flow:
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$96,875 |
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Yearly Gross Income:
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$1,066,678 |
Business for Sale Overview:
Northwest Florida business with real estate for sale. Incredible business and investment opportunity! Win two ways with a strong book of insurance business and commercial real estate with attractive office on it. The retiring owner has specialized in automobile, boat, general liability & Recreational Vehicle, motorcycle and commercial vehicle insurance since 2000. Yearly sales are around one million and commission is about $100,000. The loss ratio is only 34% and the owner will provide transition training. The property has 165’ of highway frontage with a really attractive office and signage. SBA loan with 15% down.
Property Features and Assets:
1,674 square feet with ample lot parking.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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