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#4439
Palm Beach

Franchise Full Service Insurance Agency For Sale

$149,000
Franchise Full Service Insurance Agency For Sale
This Listing is Expired

Reason for Sale: Relocating-Franchised Insurance agency with 30 appointments- 2 locations (West Palm Beach & N. lauderdale) for $149k. Full service insurance agency selling auto, renters, homeowner's,commercial, health,Mexico,truck & motorcyle insurances. 70 to 75% retention of clients.Buyer to pay all franchise tranfer fees. Franchise training in Las Vegas. 2 exp CSR on staff. 90% auto insurance/10 % other policies. Total book of clients $178k in commissions for 2014. VIsa qualified with 2 W2 employees. CSR has 440 license. Video tour available. Low rent $2050/mth for 1300 sq ft. Direct frontage on major North/South Artery.

This is a Murphy Business & Financial Services Inc listing.
Broker Russell Cohen DRE License #SL679527

Lease

Region:
Palm Beach
Lease Term:
11/2015
Total Monthly Rent:
$2,050

Financials

Last Year's Annual Gross:
$190,000
Last Year's Owner's Cash Flow:
$61,000

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
1
Hours Open:
Monday-Friday 9-7
Sat 10-4
Year Established:
3.5

Facilities

Inside Sq. Ft.:
1,300

Highlights

  • Franchise Full Service Insurance Agency For Sale

Financing

Down Payment:
$149,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 49,302 90,881 283,193
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,512 30,549 95,679
2010 Persons Per Household 2.70 2.75 2.66
Median House Value $85,300 $119,406 $115,639
Income Per Household $35,248 $41,340 $40,718
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 635 1,702 5,747
2012 Number Of Employees 10,214 35,996 124,692
2012 Total Annual Payroll $160,348,000 $579,087,000 $2,172,463,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that South Florida Business Broker Russell Cohen ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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