Established Allstate Agency in Richmond, VA Area

Not Disclosed, VA


Asking Price: Annual Revenue:
$249,900 $130,265

Services: Financial, Accounting, Insurance


Request More Information
Contact the Seller

RE: Established Allstate Agency in Richmond, VA Area Broker: Michael Metzger

Quick Facts

Asking Price: $249,900
Annual Revenue: $130,265
Net Profit: Not Disclosed
Cash Flow: $61,727
Total Debt: Not Disclosed
FF&E: $5,864
Real Estate: Not Disclosed
Year Established: 2013
Employees: 2
BBN Listing #: 62764955
Broker Reference #: 2006-15938

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This turnkey agency is ideal for any licensed insurance agent looking for a profitable book of business with one of the premier insurance carriers in the US. Allstate is known for exceptional products and customer service, and is a trusted brand in American households.

With $1.3MM in Agency Earned Premium and over 1,200 policies inforce, this seasoned book of business generates over $130,000 in annual commissions with a 90%+ retention rate. The seller has focused primarily on P&C and auto, leaving ample opportunity to grow the individual lines side of the business. This agency is located in an affluent, growing community in the Richmond, VA metropolitan area.

As an Allstate agent, you can leverage the Allstate Integrated Service Center to help service your book while you focus on growing the business! Allstate offers amazing bonus opportunities as well.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This turnkey agency is ideal for any licensed insurance agent looking for a profitable book of business with one of the premier insurance carriers in the US. Allstate is known for exceptional products and customer service, and is a trusted brand in American households. With $1.3MM in Agency Earned Premium and over 1200 policies inforce, this seasoned book of business generates over $130,000 in annual commissions with a 90%+ retention rate. The seller has focused primarily on P&C and auto, leaving ample opportunity to grow the individual lines side of the business. This agency is located in an affluent, growing community in the Richmond, VA metropolitan area. As an Allstate agent, you can leverage the Allstate Integrated Service Center to help service your book while you focus on growing the business! Allstate offers amazing bonus opportunities as well. Assets= $5,864

Market Competition and Expansion:

The recent pandemic has created great uncertainty with the American consumer and has underscored the need to protect against risk. Insurance is more important than ever, and consumers turn to a trusted name like Allstate. Allstate provides an amazing platform for growth. Build and leverage professional relationships in the local community to help your neighbors secure their future.

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 not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!