Reason for Sale: Career Change: Profitable Insurance Franchise Specializing in Auto insurance One of South Florida’s Iconic Franchise brands, this location is on a major North/South artery in a busy shopping center. This company provides standard and non-Standard Insurance for auto, homeowners, businesses, boats, and 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. 140k in net commissions after royalties. Owner Benefit of $45k + in 2023. One experienced staff member is in place and will stay with the new owner. lease extends to 2029 with a monthly rent of $2409. The buyer pays any franchise training fee/landlord transfer fee.
- Asking Price:
- $250,000 Furniture / Fixtures included
- Sales Revenue:
- $14,416
- Cash Flow:
- $50,939
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease thru 1/29
- Leasehold Rent:
-
$2,409 per annum
- Location:
-
Palm Beach County
- Premises Details:
-
This location is on a major North/South artery in a busy shopping center.
Shopping Center location- Rent $2409-Lease exp 1/29- Sq Footage 950
- Size in square feet:
- 950
Business Operation
- Expansion Potential:
-
Networking/Chamber/ Telemarketing/Internet SEO
- Competition / Market:
-
This Franchisor is the leader in the non std auto marketplace in South Florida. Competition from other individual independent agents.
- Reasons for selling:
-
Career Change
- Trading hours:
-
Monday- Friday 9-7
Saturday 9- 5
- Employees:
- 1
- Years established:
- 11
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Buyer pays any franchise training fee/landlord transfer fee
Other Information
- Support & training:
-
Seller will train for 3 weeks. Franchise training in Miami for 1 week. Franchise transfer fee paid by the buyer
- Furniture / Fixtures value:
- $10,000 - included in the asking price
