$5M Allstate Agency in Homestead, FL(BW)

HOMESTEAD, Florida

Asking Price $1,310,000 Year Established 1990
Annual Revenue Reason for Selling  
Annual P/L Attention Ralph Cummings
Annual Cash Flow Listing Number 603699  
# of Employees 3 Business Category Services: Financial, Accounting, Insurance

Business Overview:

This is an established $5,000,000-premium Allstate Agency in a prime location for 20 years. It is a turnkey agency with trained staff who are both P C and Life licensed. In addition to the commission, various bonus programs are available through Allstate that can boost revenue. The agency consists of auto and homeowner customers with opportunities for growth in cross-sales and life and financial services. The agency has an excellent retention ratio of 88.74% and a profitable loss ratio of 40.24%. Both ratios are key to earning an annual bonus along with growth.

Property Features and Assets:

Location Available: Yes Rent/Lease Terms: Lease Rent/Lease Rate: $2,000 per month F&E Available: Included except for some personal items Years in business: 33 Location Photos: On request

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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