Florida Buisness for sale
   
 

Listing BBF-117217776: Insurance|Insurance Auto

General Location: South Broward County
Asking Price: $3,400,000
Annual Gross Sales: $1,962,691
Owner Benefit:
(Net Profit + Owner Salary)
$800,524
 
Business Description

Reason for Sale: Career Change- Extremely Profitable Insurance Franchise Specializing in Auto Insurance- One of South Florida’s Iconic Franchise brands, this location is one of the top producing franchises in the system. This company provides Standard/Non-Standard Insurance for Auto/Homeowners/ Business/Boat & Ticket Defense. They have established appointment with Progressive/Star Casualty/United Auto/Ocean Harbor/Gainsco/Kemper/Legacy/Ascendant/Citizens/Foremost/Universal Property/AM Wins & more. Over $1.5+ million in net commissions after royalties.  Owner Benefit of $800k + in 2022.  Experienced staff in place that will stay with the new owner. Lease extends to 2033 with a monthly rent of $3,600. The agency qualifies for Bank financing with 10% down and a 10-year payback amortization.

     
Number of Employees: 6
Established in: 2018
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: No
Reason For Selling: Career Change.

 

 

Contact Information: The following company and/or agent is a licensed real estate broker/and or a business broker.
Name: Russell Cohen
Phone: (954) 900-2685
Agency: MURPHY BUSINESS & FINANCIAL SERVICES DAVIE



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