Agency thrives despite pandemic

Everett, WA
Snohomish County

Allstate Insurance Agency


Asking Price: Annual Revenue:
$420,000 $248,000

Services: Financial, Accounting, Insurance


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RE: Agency thrives despite pandemic Broker: Eric Breidenbach
License #: WA17578
Owner Financing is Available!
Seller will consider partial financing for a qualified buyer

Quick Facts

Asking Price: $420,000
Annual Revenue: $248,000
Net Profit: Not Disclosed
Cash Flow: $156,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 1
BBN Listing #: 833153627
Broker Reference #: BVB151

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Business Overview:

Well established full-service agency with approximately 1,500 policies and over $2,000,000 in earned premiums. Excellent client retention. Rated 4.8 out of 5.0 based on 190 reviews.

Allstate offers auto, home, life and business insurance. In addition, an independent individual shared with other Allstate offices offers retirement and investment solutions. This is an excellent opportunity for an individual who is dedicated and driven, enjoys developing relationships and is passionate about helping others. Insurance Producer license required by Washington State.

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Property Features and Assets:

The office is well located for high visibility and easy access on a well traveled thoroughfare.

Market Competition and Expansion:

Moderate competition; Allstate is a well-respected, top tier insurance provider, consistently ranked among the top five full-service insurance companies.Growth & Expansion:The area’s continued population growth and prosperity provides a foundation for growth in new accounts and additional services. Insurance is recession resistant and Allstate’s new commission plan provide substantial financial benefits for growth in new business.

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.

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