Miami Mortgage News

50- Insurance Agency in Miami, Florida for sale

October 29th, 2016 5:59 PM by Nour Ailan


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 SourceAnnualized   
Year (Cash Flow)2010 (Y)(N)(N)  
Gross Revenue321,87000 
Cost of Goods4,20000 
Gross Profit317,67000 
Expenses154,45500 
Net163,21500 
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
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Posted by Nour Ailan on October 29th, 2016 5:59 PM

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