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Asking Price: $2,500,000

$11M Allstate Agency in Gardnerville, NV(H)

Gardnerville, NV
Douglas County

LOCATIONCompany: Allstate City/State: Gardnerville, NV County: Douglas Zip Code: 89410 Location Available: Offices are located in a historic building that was once an old brick hospital in the early 1900s. Total area is approximately 1,800 square feet. Neighboring businesses include a Mortgage Broker, Real Estate agents and an Accountant. Rent/Lease Terms: Lease is a month to month but can likely be converted to a longer term. Rent/Lease Rate: Rent is $1,850 per month. F&E Available: Furniture and equipment convey. Years In Business: 38 Location Photos:Available upon request. Current Agency Staffing: Staff consists of 2 customer service reps, 3 sales reps and 2 part-time hybrids.Asking Price: $2,500,000 Annual New/Renewal Revenues: Confidential until NDA receieved Earned Premium: $11,000,000 plus brokered book Bank Financing Available: Local and National lenders available upon request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required Detailed Financial Reports: NDA requiredEstablished turn-key agency nestled in the historic Carson Valley on the Eastern border of Lake Tahoe. It has over $11M in earned premium that consists of a preferred auto/homeowner customer base plus a brokered book! 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!

Cash Flow Not Disclosed
Revenue Not Disclosed

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