Established Insurance Agency with Strong Revenue in St. Cloud
Annual Revenue
$ 350,000Sold
Carriers
Citizens Inc, Progressive Insurance CompanyBook of Business Breakdown by Revenue
Personal Lines: 45%
Commercial Lines: 55% Other Lines: 0%
Life & Health: 0%
Book of Business Size
3,200,000
Book Description
This well-established insurance agency in St. Cloud, Florida, has built a strong presence in the community, with a rapidly growing book of business. The agency generated around $350,000 in revenue in 2024, reflecting its solid performance and growth potential.
The business maintains a balanced portfolio, with 55% commercial lines and 45% personal lines, offering a diversified revenue stream. A broad range of top carriers some of which include Progressive, Citizens, and Universal.
With a high client retention rate of 90%, the agency benefits from strong customer loyalty and consistent renewals.
New business is primarily driven by referrals and its website, having a well reputation and effective digital presence. The agency serves a predominantly English-speaking clientele.
The current owner is seeking to retire, presenting a prime opportunity for a buyer to step into a thriving, turnkey operation.
The agency is located in St. Cloud, FL. Operational since last 10 years. Significant growth potential in Homeowners policies.
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Other Lines: 0%
Life & Health: 0%
Book of Business Size
3,200,000Book Description
This well-established insurance agency in St. Cloud, Florida, has built a strong presence in the community, with a rapidly growing book of business. The agency generated around $350,000 in revenue in 2024, reflecting its solid performance and growth potential.
The business maintains a balanced portfolio, with 55% commercial lines and 45% personal lines, offering a diversified revenue stream. A broad range of top carriers some of which include Progressive, Citizens, and Universal.
With a high client retention rate of 90%, the agency benefits from strong customer loyalty and consistent renewals.
New business is primarily driven by referrals and its website, having a well reputation and effective digital presence. The agency serves a predominantly English-speaking clientele.
The current owner is seeking to retire, presenting a prime opportunity for a buyer to step into a thriving, turnkey operation.
The agency is located in St. Cloud, FL. Operational since last 10 years. Significant growth potential in Homeowners policies.