Allstate Agency for Sale

Not Disclosed, MN

Asking Price: Annual Revenue:
$1,116,616 $420,137

Services: Financial, Accounting, Insurance

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RE: Allstate Agency for Sale Broker: Dan Huber

Quick Facts

Asking Price: $1,116,616
Annual Revenue: $420,137
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 506950297
Broker Reference #: 17441-117669

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Business Overview:

These Allstate agencies are turnkey and set for the new owner to take over and grow the business. Experienced licensed staff, Life insurance specialist, software and a high client retention rate are all in place. In addition these agencies have long term staff that will stay with the business help the new owner with sales and client retention.
The agency was started over 40 years ago, with the current agent buying the business in 2006. Being part of the community, adding strong long-term clients, with multiple polices per household. This business averages 2.25 polices per household and 80 percent of the client have multiple policies.
Awards won by these agencies include; Honor ring, client loyalty, century club.
A long-term relationship with a life insurance and financial service specialist allows this agency to sell life insurance and financial services to their clients.
Both agencies use E agent software, to follow up with and retain client’s long term. This will put the new owner in a great position for a strong client transition. In addition, there is 1 experience customer service
Allstate is one of the strongest brands in the industry. Join and industry that with products and services everyone and every business is required to have and needs. Build a residual income.
There is excellent growth potential in this business. According to Allstate the top 10 % of Allstate agency owners have $ 500,000 or more in revenue.
One Agency started 1985, Current agent started as an agent in 1993, and purchased the agency in 2006.

The other Agency started 1974, Current agent started as an agent in 2000, and purchased the agency

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Reason for Selling:

Change of industry.

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 not a franchise resale opportunity.

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