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- RE: $4.5M Allstate Agency In New York, NY
- Contact: Ralph Cummings
Quick Facts
| Asking Price: | $1,275,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 22 | |
| Employees: | 2 | |
| BBN Listing #: | 537464106 | |
| Broker Reference #: | 041323NYH |
Business Overview:
Established turnkey 15 year Allstate Agency is located in the Bronx/Manhattan area of New York. This $3.9M earned premium agency consist of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Good potential to increase revenues through new & renewal commissions as well as performance bonus based on growth, retention, etc. Customer Retention is 91% and is above average having
shown continued improvement over the last three years. Experienced, licensed staff may be open to transition with the sale while the current owner is open to a short term transitionary consulting relationship if desired.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Furniture and equipment to convey with sale.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New York businesses for sale
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