Back on the Market - Profitable, Specialty Insurance Agency
Listing Number: 7301-323816
Listing Details
Back on the Market - Profitable, Specialty Insurance Agency
Price: $449,000
Location: Miami-Dade County, Florida
- Down Payment: $449,000
- Sales: $201,000
- Seller's Discretionary Earnings: $108,000
- Inventory: $0
- Furniture, Fixtures, and Equipment: $0
- Employees: 1
- Year Established: 2022
- Reason for Selling: Personal Reasons
Business Description
This insurance agency specializes in Maritime and Commercial Insurance policies. Approximately 65% of the policies are of Maritime related insurance policies. The agency also does commercial and a smaller amount of Auto (abt 10%). Maritime book is strong, consisting of high valued yachts and boats. Business has excellent carrier appointments and work with top Brokers. Seller is the sole producer for the agency. The retention rate is very strong for this line (90%). Great book to cross sell other personal lines. Seller will stay on, and train a new buyer as needed and would even stay on to write new business as a part time agent. Most of clients are from the South Florida area. Diversify your book or expand!!
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