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.
- Asking Price:
- $750,000 Furniture / Fixtures included
- Sales Revenue:
- $730,608
- Cash Flow:
- $100,684
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease Exp 1/2027 with two -5 yr options
- Leasehold Rent:
-
$3,039 per annum
- Location:
-
This location is on a major East/West artery in a busy storefront location.
- Premises Details:
-
Storefront Location-Rent $3039-Lease Exp 1/2027 with two -5 yr options
Business Operation
- Competition / Market:
-
Competitors include independent agencies and other Franchise agencies
- Reasons for selling:
-
Relocating
- Employees:
- 3
- Years established:
- 6
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
3 weeks of Training. 1 week Franchise training at Franchise university
- Furniture / Fixtures value:
- $10,000 - included in the asking price
