Turnkey Tampa Suburb Insurance Agency 4 Decades of Success

Land O’Lakes, FL, Pasco County

Seller Financing Available

Asking Price:

Competitive Auction Format

Cash Flow:

$60,000

Gross Revenue:

$142,113

EBITDA:

N/A

FF&E:

$5,000

Inventory:

N/A

Established:

1983

Employees:

1 FTE

Business Description:

Insurance agents looking to go independent or an established agency looking for marketshare in thriving Tampa / St. Pete?

Get established today in the Tampa area with a diverse book of business with a long operational history and perfect location that has tons of walk-in traffic!

Lines of coverages include Auto (40%), Home (40%), Commercial (15%), Miscellaneous toys (RV’s, Boats, Motorcycles etc…).

The seller does not do any financial services or benefits at this time which would be a value add to any buyer to cross-sell the book of business being purchased.

This agency services a few hundred clients and is VERY STEADY with last 3 years withing $5k of gross revenue @ $140k.

Direct bill commission is $124k of that total so this is a very rock solid opportunity.

NDA is required {SUBMIT BELOW} for Confidential Information Memorandum crafted by ProNova Partners.

Detailed Information:

Facilities:

Seller owns the building, will do long-term NNN lease for qualified credit-worthy buyers.

Competition:

Insurance is a competitive business but the Sellers have attracted a stable base of customers that have renewed for a very long time.

Growth & Expansion:

Cross sell additional coverages for buyers that are multi-disciplinary / financial services oriented.

Financing:

Will consider, cash offers preferred.

Support & Training:

Owner will provide reasonable transition period with a possibility of a long term relationship as an employee / manager subject to mutually beneficial terms and conditions.

Reason for Selling:

Longer term retirement play and seeking a liquidity event.