1-INSURANCE AGENCY FOR SALE

USA Lending & Realty, Inc.

 PRESENTS

A Miami Real Estate Insurance Agency For Sale.

 

INSURANCE AGENCY FOR SALE

 

 

$399,000

 

MIAMI GARDENS, FLORIDA

  To continue Reading this article in Spanish click the following: Agencia De Seguro

Established for 18 years

 

3 full time employees

 

Owner will train for 1 month

 

Open Monday – Friday 9:00 am – 6:00 pm

Saturday 9:00 am – 4:00 pm

 

Inventory $15,000 included in asking price

 

Lease expiration April 2008 with a 10 year option

 

900 sq.ft. office space

 

 

 

Financials

 

Gross Revenue: $2,009,199

 

Cost of Goods: $1,737,089

 

Other Expenses: $120,000

 

Total owner Net: $152,110

 

 

 

 

 

Expenses

Rent: $1,758

 

Electricity: $200

 

Phone: $300

 

Postage: $250

 

Stamp Machine (lease): $25

 

Payroll: $4,360

 

Computer Maintenance: $100

 

Supplies: $350

 

E&O Insurance: $275

 

Quick Quote: $65

 

Miscellaneous: $100

 

Pesticide: $35

 

Returned prem/ cnx: $1000

 

Advertising: $200

 

Cleaning: $50

Total: $9,068 Monthly

 

 

Gross Revenue & Total  Net

Premium: $1,998,999

_____________________________________

Commission: +   $261,910 (net)

Miscellaneous: +    $10,200 (net)

Notary: +   $4,200 (net)

Endorsements: +   $6, 000 (net)

 

 

Total: $282,310

Expenses: -   $120,000

 

Total Owner Benefit: $162,310   

 

 

Advertising  by Ethnicity

 

50% Black American

25% Jamaicans

25% Haitians, Latins, Others

 

Source of Business

 

Hand out flyers

 

Renewals (75 %)

 

Referrals

 

New business (25%)

 

Notary

 

Endorsements

 

 

 

Yearly Average Business

 

Best Months: January, February, March, April, May (65 % of revenue is generated)

 

Worst Months: June, July, August, September, October

 

January, February, & March are the highest

 

July, August, & September are the lowest

 

Call today and purchase your Insurance company.

this business will be great for you. There are many services to offer the costumers.

There is a great ethnical rate on the loyal costumers that this

business holds. So join the  chain today!!

You wont regret it. So call us now to purchase this great business and begin your investments

TODAY!!

Insurance Agency in Florida for sale

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Tuesday, September 16th, 2008 Insurance Agencies
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MIAMI BUSINESS FOR SALE © 2010 All Rights Reserved. A FARAH GROUP COMPANY. Admin.
U.S.A. LENDING & REALTY, INC. IS A FLORIDA LICENSED REAL ESTATE BROKERAGE BUSINESS.