P&C Insurance Agency in Palm Beach County, FL - $599K - $118K Cash Flow
Executive Overview
Key Investment Highlights
- •Established in 1988 with a proven track record
- •Consistent gross commissions of $230,000 annually over the past five years
- •Diverse offerings with 60% consumer and 40% commercial lines
- •Impressive loss ratios below 55% and persistence rates above 87%
- •Seller financing available
This well-established agency excels in both personal and commercial insurance. The commercial insurance portfolio includes general liability, workers' compensation, property, contractors, bonds, and commercial auto. Personal insurance offerings encompass a wide range of products such as home, condo, tenant, flood, windstorm, personal umbrellas, auto, motorcycles, SR-22, SR-22S, FR-44, boats/yachts, and mobile homes.
Partnered with reputable auto carriers like Progressive, Ocean Harbor, United, Bristol West, National General, Kemper, and The General, and property carriers such as Citizens, Federated National, Universal Property & Casualty, and Northern Capital, this agency is well-positioned in the market. Operating with just one 4-40 assistant ensures streamlined operations. Prospective buyers must have the necessary insurance licenses to own the agency.