3-Insurance agency in Florida for sale
PREMIUM $2mm, 90% Auto and 10% Homeowner. 2000 Accounts. AUTO: 21st Century, Am. Southwest, Assurance, Bristol West, Dairyland, Explorer, Gainsco, GMAC, Infinity, Links, Progressive, Seminole Cas., US. Security. HOMEOWNER : Avatar, Am. Tradition, Citizens, Florida Peninsula, Northern Capital, Universal P/C. COMMERCIAL MGA’S: Amelia, Bass, Phoenix, NIU and TAPCO. ADVERTISING: Marquee Sign, Referrals, Direct Mail. AUTOMATION: Quick Quote, Quick File and Quick Books.
| Data Source | Annualized | Annualized | |||
| Year (Cash Flow) | 2010 (N) | 2009 (N) | (N) | ||
| Gross Revenue | 270,000 | 195,200 | 0 | ||
| Cost of Goods | 0 | 0 | 0 | ||
| Gross Profit | 270,000 | 195,200 | 0 | ||
| Expenses | 135,000 | 104,408 | 0 | ||
| Net | 135,000 | 90,792 | 0 | ||
| Owner Salary | 0 | 0 | 0 | ||
| Benefits | 0 | 0 | 0 | ||
| Interest Expense | 0 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 0 | 0 | 0 | ||
| Owner Benefit | 135,000 | 90,792 | 0 |
Asking Price: $150,000
For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com
