Business For Sale

Established Independent Insurance Agency

Deerfield Beach, FL
Broward County

Asking Price: Annual Revenue:
$800,000 $424,097

Services: Financial, Accounting, Insurance

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RE: Established Independent Insurance Agency Broker: Alberto Hallivis
Owner Financing is Available!
Loan/Seller: $160,000 @6.0% for 60 months; $640,000 down.

Quick Facts

Asking Price: $800,000
Annual Revenue: $424,097
Net Profit: Not Disclosed
Cash Flow: $143,715
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 5
BBN Listing #: 93211249
Broker Reference #: 13408159

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Business Overview:

Independent Insurance Agency located just south of Boca Raton. The agency was started in 1998 and the agency uses QQ as its agency management system and has two 4-40 licensed employees. 30% of the BOB is non-standard with an 85% retention ratio. 60% of the BOB is Auto and the rest is GL, Homeowners and Flood Insurance

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Property Features and Assets:

2,100 square feet - In Strip Mall; Lease/month: $2,950; Terms/options: negotiable.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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