Texas Allstate Agency - $10.3M Book of Business

Not Disclosed, TX

Asking Price: Annual Revenue:
$3,500,000 $1,098,176

Services: Financial, Accounting, Insurance

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RE: Texas Allstate Agency - $10.3M Book of Business Broker: Matt Uhler

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $1,098,176
Net Profit: Not Disclosed
Cash Flow: $604,369
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 8
BBN Listing #: 584326599
Broker Reference #: ALLSTATE

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Business Overview:

RECENT PRICE REDUCTION! This well-established Allstate Agency has been in operation for over 25 years and is located in the Texas Region. This is a $10.3M book of business and operated out of two locations which are within 20 miles of each other. The Agency is operated by one Principal and a total of eight full-time established employees. The Agency has been very stable with 89% retention. Gross Commissions are $1.1 million.

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Reason for Selling:

Separation of Partnership

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.

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