Listing BBF-128700013: Insurance|Insurance General
General
Location:
East Broward
Asking
Price:
$900,000
Annual
Gross Sales:
$730,608
Owner
Benefit: (Net Profit + Owner Salary)
$105,187
Business
Description
Reason for Sale: Relocating- Profitable Insurance Franchise Specializing in Auto Insurance- One of South Florida’s Iconic Franchise brands, this location is on a major East/West artery in a busy storefront location. This company provides Standard/Non-Standard Insurance for Auto/Homeowners/ Business/Boat & Ticket Defense. They have established appointments with Progressive/Star Casualty/United Auto/Ocean Harbor/Gainsco/Kemper/Legacy/Ascendant/Citizens/Foremost/Universal Property/AM Wins & more. 450k in net commissions after royalties. Owner Benefit of $100k + in 2023. Three experienced 440 license staff in place that will stay with the new owner. The lease extends to 2037 with a monthly rent of $3039. Buyer pays any franchise training fee/landlord transfer fee of $7500. Franchise training in Miami.
Number
of Employees:
3
Established in:
2018
Owner
Financing Provided:
Information Not Provided
Training
Provided by Owner:
3 weeks
Is
Business Re-locatable:
No
Reason
For Selling:
Relocating
Contact
Information: The
following company and/or agent is a licensed real estate
broker/and or a business broker.
