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Business For Sale
ALLSTATE EXCLUSIVE AGENCY FOR SALE
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Asking Price: |
$985,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Owner leaving for other business opportunities |
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Year Established:
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2000 |
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# of Employees:
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4 |
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Yearly Revenues:
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$207,677 |
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Yearly Cash Flow:
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$173,936 |
Business for Sale Overview:
Company is an 8 year old exclusive Allstate Agency with good traffic generating close to $150,000 per year to the owner/principal (commission, bonus, salary and total seller discretionary earnings). Policies written has generated $2,721,610 in earned premiums through a product mix of Auto (34% standard and 43% specialty), Personal property policies (22%) and the balance made up from miscellaneous /business policies. The company focus is meeting the needs of established clients as well as potential clients, with strong customer care and personal involvement. The company’s primary geographic market is growing with new business opportunities and residential growth. This is a turnkey operation and includes all furniture and office equipment. Excellent opportunity for existing Allstate Agency for expansion as well as qualified licensed agent to move into their own operation with the strong Allstate name behind them.
Property Features and Assets:
1,000 square feet leased in stand-alone building for $1,676 per month.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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