Profitable Auto Insurance Franchise - Business for Sale
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Auto Insurance Franchise Brokerage in Davie, FL
Davie, FL, US
Added 10 months ago
Financial Services
Franchise insurance brokerage in Davie, FL offering auto, homeowners, business, boat, and ticket defense insurance products from multiple major carriers.
Key Information
Asking
$1.3M
Revenue
$831K
Earnings
$135K
Multiple
9.6x
Key Highlights
- Net commissions after royalties are $600,000 in 2024
- Owner benefit exceeds $200,000 in 2024
- Business is a franchise of a recognized South Florida insurance brand
- Specializes in standard and non-standard insurance products including auto, homeowners, business, boat, and ticket defense
- Holds appointments with carriers such as Progressive, Star Casualty, United Auto, Ocean Harbor, Gainsco, Kemper, Legacy, Ascendant, Citizens, Foremost, Universal Property, and AM Wins
- Experienced licensed staff will remain with the new owner
- Lease extends through 2030 with a monthly rent of $3,322
- Buyer is responsible for a franchise training fee of $17,500
- Franchise training is held in Miami
- 220 insurance license is required
Contact Info
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