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Insurance agencies business

Unclaimed Licence required

Ormond Beach, FL

Est. revenue
~$2.5M
Likely sale price
$2.6M – $4.7M
Sale multiple of profit
2.7× (1.9–3.4×)
Employees
10
Established
1963

Overview

Insurance agencies business in Ormond Beach, FL, in business 63 years, with about 10 people on the books. Confirmed by two or more public records. Insurance agencies: renewal commissions; licensed agents.

Key facts

Business type
Insurance agencies
Employees
10
Years in business
63 (since 1963)
Location
Ormond Beach, FL
Licence
Required

Why this business may attract buyers

  • Renewal commissions; licensed agents
  • Established 63 years, through more than one cycle
  • A team of 10, not a one-person shop
  • Confirmed by two or more public records

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