Business For Sale

Long Tenured, Profitable, Captive Insurance Agency

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$635,000 $253,000

Services: Financial, Accounting, Insurance


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RE: Long Tenured, Profitable, Captive Insurance Agency Broker: David Ballou
Owner Financing is Available!
Seller will finance $63,000 at 5% for 60 months equaling $1,188.89 per month.

Quick Facts

Asking Price: $635,000
Annual Revenue: $253,000
Net Profit: Not Disclosed
Cash Flow: $85,766
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 2
BBN Listing #: 4930630
Broker Reference #: 730188077

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Business Overview:

This agency (Captive) has been operating out of the same location for 19 years. Very profitable. New buyer will qualify for the enhanced payout plan! Approximately $125,000 in commissions from Auto and $125,000 in annual commissions from Brokered book (Home Owners). Total income of $250,000/year. Strong retention (86%) and internal metrics. Sale includes all new PCs and office equipment. Rare opportunity to own a profitable Agency with reoccurring income. Please refer to listing number 7301-88077 and advisor David Ballou when inquiring.

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Property Features and Assets:

Lease/Month: $2,300; Square Footage: 1,200; Building Type: Office Center; Terms & Options: M-M can est. a LT lease Expiration Date: 10/26/2018.

Reason for Selling:

Retirement

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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