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- RE: FL Based P&C Insurance Agency For Sale
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
| Asking Price: | $390,000 | |
| Annual Revenue: | $130,536 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $80,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 1 | |
| BBN Listing #: | 990982 | |
| Broker Reference #: | 1393 INSURANCE |
Business Overview:
This Agency offers a prime growth opportunity for prospective Buyers. Buyers with existing direct appointments especially those with larger portfolios, may experience an immediate increase in commissions by leveraging better-negotiated carrier rates. The Agency manages approximately 821 policies, with a 70% personal and 30% commercial policy mix, and generates $1,480,808 in premium annually. The top carriers are Progressive, American Integrity, People’s Trust. This is a great opportunity for growth through acquisition.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
The Seller owns the building and is open to either leasing the current office space or selling the entire property for an additional cost.
Market Competition and Expansion:
Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition.
Growth & Expansion: This is an excellent way to expand your Book of Business.
Reason for Selling:
The Sellers each own another business in separate, non-competitive industries.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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