Profitable Auto Insurance Franchise
Fort Lauderdale, FL Broward County
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- RE: Profitable Auto Insurance Franchise
- Contact: Russell Cohen
- License #: SL679527
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $730,608 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,684 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 3 | |
| BBN Listing #: | 947112 | |
| Broker Reference #: | 1287-00013 |
Business Overview:
Reason for Sale: Relocating- Profitable Insurance Franchise Specializing in Auto Insurance- One of South Florida’s Iconic Franchise brands, this location is on a major East/West artery in a busy storefront location. This company provides Standard/Non-Standard Insurance for Auto/Homeowners/ Business/Boat & Ticket Defense. They have established appointments with Progressive/Star Casualty/United Auto/Ocean Harbor/Gainsco/Kemper/Legacy/Ascendant/Citizens/Foremost/Universal Property/AM Wins & more. 450k in net commissions after royalties. Owner Benefit of $100k + in 2023. Three experienced 440 license staff in place that will stay with the new owner. The lease extends to 2037 with a monthly rent of $3039. Buyer pays any franchise training fee/landlord transfer fee of $7500. Franchise training in Miami.
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Property Features and Assets:
Major East/West artery in a busy storefront location.-Rent $3039-Lease Exp 1/2027 with two -5 yr options
Market Competition and Expansion:
competitors include independent agencies and other Franchise agencies
Reason for Selling:
RelocatingAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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