6-Insurance Agency in Miami, Florida for sale
This is a very successful and growing agency. Operated by a husband and wife team with receptionist and one 440 lic rep. Over 2717 policies in place. About 65% homeowners, 20% auto, 5% Health/Life, balance commercial. About 40% of H.O. policies from out of county. Great marketing program in place generating many new policies per month. Very good retention rates. Very little walk in business. All buyers must be financially pre qualified before any information is provided.
| Data Source | Annualized | ||||
| Year (Cash Flow) | 2010 (Y) | (N) | (N) | ||
| Gross Revenue | 321,870 | 0 | 0 | ||
| Cost of Goods | 4,200 | 0 | 0 | ||
| Gross Profit | 317,670 | 0 | 0 | ||
| Expenses | 154,455 | 0 | 0 | ||
| Net | 163,215 | 0 | 0 | ||
| Owner Salary |
Owner Benefit: $160,000
Asking Price: $745,000
For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send and e-mail to farah@farahreacquisitions.com
