Well Known Insurance Agency for Sale

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$690,000 $334,189

Services: Financial, Accounting, Insurance


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RE: Well Known Insurance Agency for Sale Broker: MARTY FISHMAN

Quick Facts

Asking Price: $690,000
Annual Revenue: $334,189
Net Profit: Not Disclosed
Cash Flow: $127,470
Total Debt: Not Disclosed
FF&E: $12,795
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 6246630
Broker Reference #: 0101707613

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Business Overview:

Time to retire. Established 8 years, Allstate insurance agency in prime Palm Beach Florida. Approximately 1387 policies in place. Coverages include P&C, auto, homeowners & condo, boats, and rentals. 85% + retention and loss ration 51%. The seller and 2 agents are writing policies. Excellent book & records and monthly productivity reports available. All Buyers need to have a 220 license and be approved by Allstate. Please refer to listing number 0101707613, business broker Marty Fishman 954-296-2995 when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $3,200; Square Footage: 1,450; Building Type: Office; Expiration Date: 5/31/2023.

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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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