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Insurance Franchise Specializing in Auto Insurance- 1287-00025

Hollywood, Broward County, Florida, United States
Asking Price$1.10m
Revenue$935k
EBITDA-
Cash Flow$173k
Description
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 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. 563k in net commissions after royalties. Owner Benefit of $173k+ in 2023. Two experienced 440 license staff in place that will stay with the new owner. The lease extends to 2028 with a monthly rent of $3803. Buyer pays any franchise training fee/landlord transfer fee of $7500. Franchise training in Miami. 220 LICENSE IS REQUIRED!
Real Estate
Rent is $380,300 per month
Building Size: 1200 sq. ft.
Furniture Fixtures & Equipment
$10k
Business is
Established Franchise
Number of EmployeesFull-Time: 4
Year Established
2010
Reason Selling
Relocation
Facilities & Assets
This location is on a major North/South artery in a busy storefront location
Support & Training
Two experienced 440 license staff in place that will stay with the new owner 4 weeks no cost
Asking Price$1.10m