Palm Beach County Insurance Agency for Sale

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$1,517,013 $468,476

Services: Financial, Accounting, Insurance


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RE: Palm Beach County Insurance Agency for Sale Broker: John Devries
Owner Financing is Available!
Loan/Seller - Amt: 1,217,013 Mos: 120 Rate: 6.00 Mo Pmt: 13,511.34

Quick Facts

Asking Price: $1,517,013
Annual Revenue: $468,476
Net Profit: $221,673
Cash Flow: $221,673
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 3517630
Broker Reference #: 7301997437

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Business Overview:

Established over 10 years and One of the most well-known Franchised Insurance Agencies in the US. This insurance agency is not your typical independent Insurance Agency. They offer expert advice and more choices of Insurance Companies than any other agent. As a Franchised Agency, you get hundreds of people dedicated to your success providing answers and guidance on handling customers and service needs which will help you grow your business. They are the Industry Leaders in technology that produces efficient business building workflow and insight. The Franchise offers turnkey Marketing programs that drive business in your door. With 5 Active Licensed Agents they do over $7mm in gross premiums and write over 3000 total policies. With today's trying times this business is essential and are experiencing an increase in revenue for 2020. They are SBA qualified, Don't Miss This Opportunity! Please refer to listing 7301997437, Business Broker John Devries when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $3,664; Square Footage: 1040; Building Type: Plaza; Terms & Options: 5 year option; Expiration Date: 7/31/2025

Market Competition and Expansion:

Non Compete - Miles: 5; Years: 5

Reason for Selling:

Retiring

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 a franchise resale opportunity.

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