NOT DISCLOSED, Florida
| Asking Price |
$449,000 |
Year Established |
2022 |
|
| Annual Revenue |
$201,000 |
Reason for Selling |
Personal |
|
| Annual P/L |
$0 |
Attention |
David Ballou |
|
| Annual Cash Flow |
$108,000 |
Listing Number |
997672 |
|
| # of Employees |
1 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
This insurance agency specializes in Maritime and Commercial Insurance policies. Approximately 65% of the policies are maritime-related insurance policies. The agency also does commercial and a smaller amount of Auto (abt 10%). The maritime book is strong, consisting of high-value yachts and boats. Business has excellent career appointments and works with top Brokers. The 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 the clients are from the South Florida area. Diversify your book or expand!!
Direct all inquiries to David Ballou for ref # 7301323816.
Property Features and Assets:
Market Competition and Expansion:
<p>This agency works within the niche maritime market and offers great carriers and services, separating it from others.<br></p><p><br></p><p>Great opportunity to cross sell other insurance and financial products.<br></p>
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