Extremely Profitable Franchise Insurance Agency - Business for Sale

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Franchise Insurance Agency in Miami, FL

Miami, FL, US
Added 1 year ago
Insurance Agency

Franchise insurance agency in Miami, FL offering standard and non-standard auto, home, commercial, boat, and ticket defense insurance with established carrier appointments and a high-visibility location.

Key Information

Asking

$1.3M

Revenue

$1.5M

Earnings

$419K

Multiple

3.1x

Key Highlights

  • Net commissions after royalties exceed $900,000
  • Business is a franchise insurance agency located in Miami, FL
  • Book of business must remain with the franchise and cannot be transferred
  • Buyer must pay a $17,500 franchise transfer fee
  • Buyer must have a 220 insurance license and reside in South Florida
  • Established carrier appointments include Geico, Progressive, Star Casualty, United Auto, Ocean Harbor, Gainsco, Kemper, Legacy, Ascendant, Citizens, Foremost, Universal Property, and AM Wins

Contact Info

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