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