Business Description

This profitable insurance franchise in South Florida specializes in auto insurance and is a well-known brand in the region. Located in a prime storefront on a busy street, they offer a range of insurance services including auto, homeowners, business, boat, and ticket defense policies. With established partnerships with multiple insurance providers, the company generated $563k in net commissions in 2023, resulting in an owner benefit of over $173k. The franchise has two experienced staff members holding 440 licenses who are willing to stay on with the new owner. The lease agreement for the storefront extends to 2028 with a monthly rent of $3803, and the buyer is responsible for any franchise training fees and a landlord transfer fee of $7500. Franchise training is conducted in Miami, providing a strong support system for a seamless transition for the new owner looking to capitalize on this established and successful business opportunity. Overall, this insurance franchise presents a lucrative investment opportunity with strong financial performance and a solid reputation in the market