Florida Buisness for sale
   
 

Listing BBF-128700025: Insurance|Insurance Auto

General Location: South Broward
Asking Price: $1,100,000
Annual Gross Sales: $1,033,789
Owner Benefit:
(Net Profit + Owner Salary)
$206,757
 
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 North/South 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. 666k in net commissions after royalties. Owner Benefit of $206k+ in 2023. Two experienced 440 license staff in place that will stay with the new owner. The lease extends to 2028 with a monthly rent of $3803. Buyer pays any franchise training fee/landlord transfer fee of $7500. Franchise training in Miami.

     
Number of Employees: 3 FT, 1 PT
Established in: 2011
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: No
Reason For Selling: Retirement

 

 

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: South Florida M&A Advisors



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