Seller's Contact Information
- RE: Independent Insurance Agency For 27 Years
- Contact: Marty Fishman
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $320,843 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $34,029 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 2 | |
BBN Listing #: | 5888630 | |
Broker Reference #: | 0101136310 |
Business Overview:
Independent Insurance agency for 27 years. Approximate % breakout of policies written – 50% P&C, 25% Auto, 20% Homeowners & 5% Flood & other. Approx. 50% of policy holders are Spanish speaking - Primarily in central Broward County. Seller to retire or may stay on with new owner of agency. Office is 893 SF. Rent is $1393. The seller and 1 agent write policies. One office admin helps with customer service. 85% renewals and 90% retention. Average new policies written per month are 10 to 15. Software used for quoting is Turborater. All buyers must pre-qualify with listing agent with NDA, POF and proof of 220 license. This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With a local presence and global marketing reach, Transworld Business Advisors has provided main-street and lower middle market business owners and buyers with transaction expertise for over 40 years. For more information on this business for sale contact listing agent Marty Fishman - (954) 296-2995. Please refer to listing #0101136310.
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Property Features and Assets:
Lease/Month: 1393Square Footage: 893Building Type: Office Terms & Options:Expiration Date: 3/31/2024
Market Competition and Expansion:
Non Compete: Miles: 20 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 not a franchise resale opportunity
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