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Independent Insurance Agency

Miami-Dade County, Florida

Asking Price: Gross: Cash Flow:
$550,000 $280,292 $105,618

Furniture and Fixtures Value:
$8,000 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Profitable Independent Insurance Agency owned by same owner since 2001. The structure of the book of business is 50% personal auto, 30% homeowners insurance and 20% commercial insurance. The business strengths are: established clientele, clients referrals, web site, good reputation and excellent customer service. The business has a convenient lease and 2 employees.

 
   
   
Year Business was Established: 2001
   
Number of Employees: 2 FT  
   
Facilities / Terms of Lease: Rent is $3,125 per month for 1,025 sq ft. Lease expires in December 2025 with an option to renew.  
   
Potential Growth/Expansion: Increasing the sales force and through marketing campaigns.  
   
Competition: This business has been operating for many years and has a broad and loyal customer base which has enjoyed a great quality of service.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
 

 

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