Miami Mortgage News

49- Insurance agency in Broward, Florida for sale

October 29th, 2016 5:54 PM by Nour Ailan

Auto Insurance business est. 16 years. Over $230k in commissions Majority of business is auto dealership car sales. Business did over $350k in sales in 2007. Sales are picking up and you have opportunity to cross sell homeowners and other product lines. Appointed with Travelers, Progressive and 10 additional carriers. Priced to sell at $199k..less than 1 times book value. Owner wants to move back to California with family.

Data SourceAnnualized   
Year (Cash Flow)2010 (N)(N)(N)  
Gross Revenue230,00000 
Cost of Goods000 
Gross Profit230,00000 
Owner Salary000 
Interest Expense000 
Owner Benefit128,50000

Asking price: $190,000

For more information, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to

Posted by Nour Ailan on October 29th, 2016 5:54 PM


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