Hot Listing

$800,000 Revenue; Independent Insurance agency for sale in Miami

Asking Price$1,800,000

Cash Flow
Not Disclosed

EBITDA$350,000

Gross Revenue$835,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

$800,000 Revenue; Independent Insurance agency for sale in Miami


Asking Price$1,800,000

Cash Flow
Not Disclosed

EBITDA$350,000

Gross Revenue$835,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This well-established insurance agency, located in Miami, Florida, boasts a book of business valued at approximately $7 million, generating around $800,000 in annual revenue for 2024. Serving a diverse clientele, including about 30% Spanish-speaking customers, the agency primarily offers personal and commercial lines, with an 80% focus on property and liability insurance and 20% on commercial lines such as contractors and restaurants. The agency maintains a strong retention rate of 90%, with top carriers including Progressive, National, and Kemper. Its business growth is driven through social media, referrals, and word-of-mouth, and it is now available for acquisition due to the owner’s retirement.

The agency is a part of Renegade Insurance franchise.
About the Business
Years in Operation
35
Employees
4
Franchise
This business is an established Renegade Insurance franchise
Opportunities for Growth
The agency is growing every year by 10%.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
The owner will stay on a period of six months. The owner's daughter who is the agency manager will continue to serve as an employee as she is the face of the agency.
Listing Info
ID
2383344
Listing Views
1196

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Business Listed by: Renegade Insurance

Listing ID: 2383344 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.