Listing Number: BBF-353-323816

Category: Insurance
SIC: 6411
Detail: General Insurance
Price: $449,000
County: Miami-Dade
Down Payment: $449,000
State/Province: Florida
Discounted Earnings: $108,000
Country: USA
Annual Sales: $201,000

Business Overview:
This Miami-based insurance agency specializes in Maritime and Commercial insurance policies, with approximately 65% of its book consisting of high-value yachts and boats. The agency also provides commercial insurance and a smaller portion of auto policies (~10%).

The agency benefits from excellent carrier appointments and strong relationships with top brokers. The seller is the sole producer, and the client retention rate is exceptional at 90%. The business presents an excellent opportunity to cross-sell other personal lines and diversify your insurance portfolio.

The seller is willing to train the new owner and can continue to write new business as a part-time agent. Most clients are based in South Florida, offering a strong local presence and growth potential.

Business Features:

• Relocatable: Yes

• Home Based: Yes

• Franchise: No

• Lender Pre-Qualified: No

• May Qualify for Visa: No

Assets Included:

• Accounts Receivable: $0

• Inventory: $0

• Furniture, Fixtures & Equipment (F F & E): $0

• Total Assets: $0

• Leasehold: $0