| LISTING#: BBF-117217776 | Finance and Insurance: Insurance Agencies and Brokerages Insurance|Insurance Auto |
| LOCATION: Florida --> South Florida --> Broward County - South Broward County | |
| ASKING PRICE $3,400,000 |
AMOUNT DOWN $340,000 |
REVENUES: $1,962,691 |
ADJUSTED CASH FLOW $800,524 |
TOTAL ASSETS $25,000 |
Reason for Sale: Career Change- Extremely Profitable Insurance Franchise Specializing in Auto Insurance- One of South Florida’s Iconic Franchise brands, this location is one of the top producing franchises in the system. This company provides Standard/Non-Standard Insurance for Auto/Homeowners/ Business/Boat & Ticket Defense. They have established appointment with Progressive/Star Casualty/United Auto/Ocean Harbor/Gainsco/Kemper/Legacy/Ascendant/Citizens/Foremost/Universal Property/AM Wins & more. Over $1.5+ million in net commissions after royalties. Owner Benefit of $800k + in 2022. Experienced staff in place that will stay with the new owner. Lease extends to 2033 with a monthly rent of $3,600. The agency qualifies for Bank financing with 10% down and a 10-year payback amortization. |
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| Contact: Russell Cohen
Phone: (954) 900-2685 E-Mail: rcohen@murphybusiness.com |
MURPHY BUSINESS & FINANCIAL SERVICES DAVIE 5220 S UNIVERSITY DR. STE C203 DAVIE, FL 33328 www.sflabusinesses4sale.com |
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