Profitable Insurance Franchise Specializing in Auto Insurance
Asking Price: | $1,100,000 |
Gross Revenue: | $934,668 |
FF&E: | $10,000 |
Cash Flow: | $173,408 |
Rent: | $3,803 |
Established Year: | 2010 |
Franchise Insurance Agency with a very large book of Auto Policies
Profitable Insurance Franchise Specializing in Auto Insurance- One of South Florida’s Iconic Franchise brands, this location is on a major North/South 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. 563k in net commissions after royalties. Owner Benefit of $173k+ in 2023. Two experienced 440 license staff in place that will stay with the new owner. The lease extends to 2028 with a monthly rent of $3803. Buyer pays any franchise training fee/landlord transfer fee of $7500. Franchise training in Miami. 220 LICENSE IS REQUIRED!