Listing BBF-128700088: Miscellaneous/Other|To Be Classified
General
Location:
Coral Gables
Asking
Price:
$300,000
Annual
Gross Sales:
$351,426
Owner
Benefit: (Net Profit + Owner Salary)
$84,349
Business
Description
Rare once in a lifetime Opportunity to own an Insurance Wholesale Brokerage Agency in beautiful sunny South Florida. Perfect Business for someone in the Insurance Industry, or looking to get into the industry as an agent. 250 Active Customers. 50 Active Carriers. Products vary from professional liability, assisted living facilities policies, General Liability, Surety Bonds, & Commercial Property.
Amazing cash flow due to terms from customers & to vendors. Customers pay in 5-10 days vendor carriers are paid in 30-35 days. Average policy is $1,600-$2,000. 220 License needed. Surplus line broker license highly recommended. Database of over 600 customers included in Sale. VALUE of the business derived from Net Commission. Seller wants to see buyer qualifications before releasing financial Info. Please send proof of funds to get more information as this opportunity does NOT qualify for SBA Financing. Flexible Virtual Office with low rent.
Do not miss out on this rare opportunity to tap into the lucrative essential Insurance Industry with recurring Revenues!
2024 Gross Premiums 351k- Net Premiums 138k- Owner Benefit 84K- Strong year to date 2025 numbers.
Number
of Employees:
2 FT, 1 PT , 1 Mgrs
Established in:
2009
Owner
Financing Provided:
Information Not Provided
Training
Provided by Owner:
4 weeks
Is
Business Re-locatable:
Yes
Reason
For Selling:
Retirement
Contact
Information: The
following company and/or agent is a licensed real estate
broker/and or a business broker.