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South Florida multilines independent insurance agency #2

Florida (Monroe County)

Services - Agents & Brokers

Asking Price $5,900,000 Inventory  
Gross Income $3,400,000 Real Estate  
Cash Flow Not Disclosed Year Established 1984
FF&E $200,000* Employees 30

* included in the asking price

** not included in the asking price

TOTAL PREMIUM: $28,053,332, 2007 COMMISSION: $3,461,991 2007 CONTINGENCY BONUS: $49,100 2007 PERSONAL LINES PREMIUM: $14,238,800, PERSONAL LINES COMMISSION $1,747,700 PERSONAL LINES CARRIERS: Citizens, Am. Strategic, Progressive, Allstate (independent agency agreement), Am., FIDELITY National, Tower Hill, Florida Family COMMERCIAL LINES: PREMIUM $13,814,521, COMMERCIAL LINES COMMISSION: $1,714,291 COMMERCIAL LINES CARRIERS: Zurich, Frontline Managers TOTAL NUMBER OF CARRIERS:181 AUTOMATION: AMS 360

Facilities: 4 great locations, near beaches. County has higher than average per capital income. 50% PERSONAL LINES, 50% COMMERCIAL LINES. HIGH AVERAGE PREMIUM PER CLIENT.

Competition: Other insurance agencies

Growth/Expansion: Unllimited

Financing: 3rd Party Financing Available

Support/Training: Seller will consider managing and or assisting buyer up to 2 years.

Reason Selling: Health/ Retirement

Business For Sale By

John Erb

407.929.5707

All Southern Business Brokers

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