$3 Million Insurance Agency in Hollywood, Florida for Sale
Annual Revenue
$ 300,000Sold
Carriers
Kemper Preferred, Progressive CorporationBook of Business Breakdown by Revenue
Personal Lines: 70%
Commercial Lines: 30% Other Lines: 0%
Life & Health: 0%
Book of Business Size
3,500,000
Book Description
The agency commands a robust ~$3.5 million book of business, with a healthy split between personal and commercial lines. The agency’s profitability is a standout feature. With loss ratios consistently under 50%, the book is highly desirable to carriers, positioning the new owner for significant profit-sharing and contingency bonus opportunities.
This sale is prompted by the owner’s desire to retire, making this a non-distressed sale of a healthy, thriving business. A new owner will be acquiring not just a book of business, but a complete, operational agency with a proven track record, a solid reputation, a loyal customer base, and a clear path for future success.
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Other Lines: 0%
Life & Health: 0%
Book of Business Size
3,500,000Book Description
The agency commands a robust ~$3.5 million book of business, with a healthy split between personal and commercial lines. The agency’s profitability is a standout feature. With loss ratios consistently under 50%, the book is highly desirable to carriers, positioning the new owner for significant profit-sharing and contingency bonus opportunities.
This sale is prompted by the owner’s desire to retire, making this a non-distressed sale of a healthy, thriving business. A new owner will be acquiring not just a book of business, but a complete, operational agency with a proven track record, a solid reputation, a loyal customer base, and a clear path for future success.