$2.4M Allstate Agency in Newport News, VA (H)

Newport News, VA
Newport News City County

Located in a retail strip center. Good visibility


Asking Price: Annual Revenue:
$600,000 Not Disclosed

Services: Financial, Accounting, Insurance


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RE: $2.4M Allstate Agency in Newport News, VA (H) Broker: Energia Consultant Partners, LLC

Quick Facts

Asking Price: $600,000
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: 2012
Employees: 2
BBN Listing #: 633264106
Broker Reference #: 111722H

Email or Print Listing

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Business Overview:

Well-managed turnkey Allstate agency located in Newport News, VA. This well-established agency has approximately $2.42 Million in earned premium plus a brokered book that consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. The current owner is available to assist with transition and guidance. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won’t last long on the market!
For More Information Please Contact:
Energia Consultant Partners, LLC

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Property Features and Assets:

Location Available: The office is located in a retail strip center. Good visibility and signage. It has 800 square feet of space with three workstations. Neighboring businesses include doctor offices, restaurants, salon, real estate office and a nail salon. Rent/Lease Terms: Yearly lease. Expiration is in November 2022. Rent/Lease Rate: $1,100 per month. F&E Available: Furniture and equipment convey.

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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