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