Established Port St. Lucie Insurance Agency in Florida
Annual Revenue
$ 165,000Asking Price
$300,000Sold
Carriers
Florida Peninsula Insurance Company, Progressive Insurance Company, Universal Property &; Casualty Insurance CompanyBook of Business Breakdown by Revenue
Personal Lines: 95%
Commercial Lines: 5% Other Lines: 0%
Life & Health: 0%
Book of Business Size
1,800,000
Book Description
This established insurance agency, located in Port St. Lucie, Florida, features a book of business valued at approximately $1.8 million, generating around $165,000 in annual revenue for 2024. Serving a focused clientele primarily aged 50+ with above-average incomes and English-speaking, the agency concentrates on personal lines (PL) with 95% of its business and a small portion of commercial lines (CL) at 5%. The agency has a strong retention rate of 90%, with key carriers including Universal P&C, Florida Peninsula, Progressive, and Edison Insurance. Business growth is primarily driven by referrals, and the agency is now available for acquisition due to the owner’s retirement. It operates out of leased office space and currently has no employees, with over 90% of appointments being direct.
The agency is now available for acquisition due to the owner’s retirement
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Other Lines: 0%
Life & Health: 0%
Book of Business Size
1,800,000Book Description
This established insurance agency, located in Port St. Lucie, Florida, features a book of business valued at approximately $1.8 million, generating around $165,000 in annual revenue for 2024. Serving a focused clientele primarily aged 50+ with above-average incomes and English-speaking, the agency concentrates on personal lines (PL) with 95% of its business and a small portion of commercial lines (CL) at 5%. The agency has a strong retention rate of 90%, with key carriers including Universal P&C, Florida Peninsula, Progressive, and Edison Insurance. Business growth is primarily driven by referrals, and the agency is now available for acquisition due to the owner’s retirement. It operates out of leased office space and currently has no employees, with over 90% of appointments being direct.
The agency is now available for acquisition due to the owner’s retirement