Owner Financing is Available!
Business Overview:
Established agency providing services primarily to the Dallas Fort Worth area. Policies offered by this agency are Home, Auto, Life, Health and Commercial Insurance with over 1,600 policies (2,100 items) in place. The business generated over $235,000 in commissions last year with an 89.6% retention rate. Key #'s include: 1600 policies, 90% retention, 54% Loss Ratio, 1028 households. Business is growing and improving in all indicators. This is a semi-actively owned book with opportunities for growth with active owner. This is a perfect opportunity for a relocating agent, agent needing to add to existing Allstate business or new agent entering the insurance industry. You should have P&C and Group-1 Life & Health licenses. You should be willing to obtain Series 6 & 63 licenses. Some Seller financing Available. Business could be acquired with as little as 10% down with insurance experience. The owner is willing to train the new owner for a smooth transition. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Price $399,000 with 100% financing to qualified, licensed buyer. Through experience and innovation, Allstate has become the nation s largest publicly held personal lines insurer helping 17 million American households protect their assets. Allstate s goal is to provide agents with a challenging and rewarding work environment, competitive pay and an opportunity to forge their own career path. Support here, there, everywhere. As an Allstate Agency Owner, you re an independent contractor, but you are not alone. Local field support is available to provide consultation and expertise. In addition, you ll have access to: Education programs for you and your staff, 24-hour customer service, highly competitive commission structure, dynamic recognition programs, and MARKETING support that leverages national advertising. Plus, Allstate s products are specifically designed to meet the needs of their customers.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,100 Square Feet office leased $1,375 per month incl NNN and expiring 11/30/2011. High visibility retail location on Interstate 20. First impressions count and that goes for this office space as well. The Allstate Branded Retail Environment ensures that, as customers drive by or walk up and enter your agency, they ll feel confident that they ve come to the right place for their insurance needs. The look helps promote a positive customer experience and create a positive, inviting work environment.
Market Competition and Expansion:
Listed as one of the Most Admired Companies in 2010, Fortune Mag. Leverage one of America's most recognized brands without ever having to pay a franchise or licensing fee. Allstate is the nation s largest publicly held personal lines insurer. Fortune 100 company, with US$156 billion in assets, sells 13 major lines of insurance, including auto, property, life and commercial. Allstate also offers retirement and investment products and banking services. Widely known through the You re In Good Hands With Allstate slogan
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.