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South Florida 3 location Multi Lines Agency

South Florida, Florida (Monroe County)

Services - Agents & Brokers | Services - Other Business Services

Asking Price $7,500,000 Inventory  
Gross Income $2,844,928 Real Estate $2,950,000* 
Cash Flow $1,341,650 Year Established 1961
FF&E $467,000* Employees 21

* included in the asking price

** not included in the asking price

Multiple location STANDARD MULTIPLE LINES Independent Insurance Agency located in highly desirable South Florida. $23,422 Premium, 176 Carriers....... Major Carriers include: AUTO:Hartford, Progressive, Travelers. HOME: Am Strategic (ASI), Citizens, Chubb, National Fidelity, Fidelity National, Foremost, Liberty Am., Lloyds, Mobile USA, Nova Cas., Universal P/C. BUSINESS: Lloyds, Scottsdiale, TAPCO, Zurich AUTOMATION: Applied Management Systems

Facilities: Uniquely Profitable. 50% owner benefit.

Competition: Other insurance agents

Growth/Expansion: Unlimited territory and competitive carriers. 2009 Fl. Legisature authorized Homeower Premium increase of 10% annually.

Financing: $5,000,000 Down Payment, Balance 60 Months to Qualified Buyer

Support/Training: 1 month free, available as Consultant thereafter.

Reason Selling: Retirement

Business For Sale By

John Erb

407.929.5707

All Southern Business Brokers

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