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- RE: Profitable, Specialty Insurance Agency
- Contact: David Ballou
Quick Facts
| Asking Price: | $449,000 | |
| Annual Revenue: | $201,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $108,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 1 | |
| BBN Listing #: | 997672 | |
| Broker Reference #: | 7301323816 |
Business Overview:
This insurance agency specializes in Maritime and Commercial Insurance policies. Approximately 65% of the policies are of Maritime related insurance policies. The agency also does commercial and a smaller amount of Auto (abt 10%).. Maritime book is strong, consisting of high valued yachts and boats. Business has excellent carrier appointments. Seller is the sole producer for the agency. The retention rate is very strong for this line (90%). Great book to cross sell other personal lines. Seller will stay on, and train a new buyer as needed and would even stay on to write new business as a part time agent. Most of clients are from the South Florida area. Diversify your book or expand!!
Please refer to listing 7301-323816 and ask for David Ballou when inquiring.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
This agency works within the niche maritime market and offers great carriers and services, separating it from others.
Great opportunity to cross sell other insurance and financial products.
Reason for Selling:
Personal. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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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