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Insurance Agency for Sale in Broward County

Listing Number: 0101-136310

Description

Independent Insurance agency for 27 years. Approximate % breakout of policies written – 50% P&C, 25% Auto, 20% Homeowners & 5% Flood & other. Approx. 50% of policy holders are Spanish speaking - Primarily in central Broward County. Seller to retire or may stay on with new owner of agency. Office is 893 SF. Rent is $1393. The seller and 1 agent write policies. One office admin helps with customer service. 85% renewals and 90% retention. Average new policies written per month are 10 to 15. Software used for quoting is Turborater. All buyers must pre-qualify with listing agent with NDA, POF and proof of 220 license.

Listing Details

  • Price: $395,000
  • Down Payment: $395,000
  • Sellers Discretionary Earnings: $34,029
  • Total Sales: $320,843
  • Location: Broward County, Florida

  • Inventory: $0
  • FF&E: $0
  • Employees: 2
  • Year Established: 1995
  • Reason for Selling: Retirement
  • Category: Insurance
Insurance Agency for Sale in Broward County

Contact Agent:

Thomas R Milana, P.A. CBI
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