See Similar Listings

Profitable Insurance Franchise Specializing in Auto Insurance

Broward County, FL
Insurance
Asking Price:$750,000
Gross Revenue:$730,608
Established Year:2018
Cash Flow:$100,684
FF&E:$10,000
Listing ID: 2241468Listing provided by BizBuySell
BUSINESS DESCRIPTION

Insurance Franchise for Sale in Ft lauderdale

Reason for Sale: Relocating- Profitable Insurance Franchise Specializing in Auto Insurance- One of South Florida’s Iconic Franchise brands, this location is on a major East/West artery in a busy storefront location. This company provides Standard/Non-Standard Insurance for Auto/Homeowners/ Business/Boat & Ticket Defense. They have established appointments with Progressive/Star Casualty/United Auto/Ocean Harbor/Gainsco/Kemper/Legacy/Ascendant/Citizens/Foremost/Universal Property/AM Wins & more. 450k in net commissions after royalties. Owner Benefit of $100k + in 2023. Three experienced 440 license staff in place that will stay with the new owner. The lease extends to 2037 with a monthly rent of $3039. Buyer pays any franchise training fee/landlord transfer fee of $7500. Franchise training in Miami.

DETAILED INFORMATION
Location
Broward County, FL
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Storefront Location-Rent $3039-Lease Exp 1/2027 with two -5 yr options
Competition
competitors include independent agencies and other Franchise agencies
Support & Training
3 weeks of Training. 1 week Franchise training at Franchise university
Reason for Selling
Relocating
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Russell
Cohen
logo-img
Phone Number
Russell Cohen
Call Phone