Palm Bay, fl
Address: 401 N Wickham Rd
Suite V Palm Bay, fl
Asking Price $390,000
Agency Earned Premium $1,450,000
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Our office has 1100 sq feet and is located on Melbourne's busiest street. It includes 2 private offices and an open space that would fit 4 additional stations. The book is prime because it qualifies for the new Enhanced Commission Program for the period of 48 months. The cost is being calculated at 2.7 multiple because of the recent ECP rule changes. |
- Asking Price $390,000
- Agency Earned Premium $1,450,000
- Agency Revenues (Annual) $150,000
- Policies in Force 1,000
- Retention Ratio 85
- Loss Ratio 50%
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