Seller's Contact Information
- RE: Very Profitable Insurance & DMV Services Franchise
- Contact: Fernando Mello
Quick Facts
| Asking Price: | $790,000 | |
| Annual Revenue: | $645,758 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $400,912 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 1 | |
| BBN Listing #: | 5159630 | |
| Broker Reference #: | 2201828752 |
Business Overview:
Well established and very profitable Insurance and DMV Services franchise located in West Palm Beach, serving all of Florida. Seller underwrites for 40 of the top carriers including Pearl Holding, Bristol West, Infinity, United, National General, Tapco, Citizens and Gainsco. Very high renewal retention at 95%. Very solid Book of Business. Also underwrites Home and Business insurance. Provides full range of DMV services with high margin. Financial recast already includes replacement of second owner. This business requires a Florida 2-20 license. All potential buyers will need to provide Proof of Funds, be interviewed by listing brokers and pre-approved by the franchisor before further disclosure. For more information on this business for sale contact listing agent Fernando Mello - at (561) 609-7371. Please refer to listing #2201828752.
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Property Features and Assets:
Lease/Month: 3215 Square Footage: 800 Building Type: Free Standing Expiration Date: 7/30/2025
Market Competition and Expansion:
Non Compete: Miles: 10 Years: 3
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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