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Asking Price: $2,500,000

$6.5M Allstate Agency in Milford, OH

Milford, OH
Clermont County

Company: AllstateCity/State: Milford, OhioCounty: Clermont Zip Code: 45150Location Available: Office location is around 1 block away from a major intersection/shopping center with great signage and visibility from main street.Rent/Lease Terms: Originally was 5 years. Last 7 years have been month to monthRent/Lease Rate: $675/MonthF&E Available: One Meeting room and 6 WorkstationsYears In Business: In business for 20 years and in this location for 12 yearsLocation Photos: Available upon request Current Agency Staffing: 4 Producing staff members. 2 Focus on service and 2 on sales. All licensed, 3 with L/H licenses. They are long term employees and they will likely transition with the new owner!Asking Price: $2,500,000Annual New/Renewal Revenues: Confidential until NDA signedEarned Premium: $6,500,000 Brokered BookBank Financing Available: Local and National lender referrals available upon requestSeller Financing Available: If necessary, terms negotiable. Satisfactory collateral required.Detailed Financial Reports: NDA required.Well-established 20 yr agency in Milford, Ohio, which is right outside of Cincinnati.Only minutes from major shopping center with plenty of visibility from main street. Well-managed, seasoned staff to likely transition to new owner. Approximately $6.5 Million in total premium that consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow.For More Information Please Contact: Energia Consultant Partners, LLCPlease use reply to this ad button to contact us.

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