Business For Sale

Insurance Agency In North Miami Beach

North Miami Beach, FL
Miami Dade County


Asking Price: Annual Revenue:
$2,000,000 $934,233

Services: Financial, Accounting, Insurance


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RE: Insurance Agency In North Miami Beach Broker: Alberto Hallivis
Owner Financing is Available!
Loan/Seller: $400,000 @6.0% for 60 months; $1,600,000 down.

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $934,233
Net Profit: Not Disclosed
Cash Flow: $476,413
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 5
BBN Listing #: 61491249
Broker Reference #: 13408162

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Business Overview:

Insurance Agency located in North Miami Beach. 100% of the auto BOB is non-standard, with 58% private auto, 12% commercial auto,11% Homeowners, and 19% others. Established 38 years ago 5 employees, 4 licensed 4-40 and one 2-20. Seller will train as needed.

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Property Features and Assets:

1,800 square feet in Strip mall; Lease/month: $3,200; Terms/options: negotiable.

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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