$1.9M Allstate Agency in Bellair Bluffs, FL(BW)

LARGO, Florida

Asking Price $320,000 Year Established 2003
Annual Revenue Reason for Selling  
Annual P/L Attention Ralph Cummings
Annual Cash Flow Listing Number 603702  
# of Employees 3 Business Category Services: Financial, Accounting, Insurance

Business Overview:

This is one of the few ALLSTATE ENHANCED Compensation Agencies available in this area. Allstate has been in this location for 20 years.

The agency consists of preferred auto and personal property with excellent opportunities for growth in cross-sales as well as life and financial services. Retention at 85.60% is very high for an ECP agency and has a very profitable loss ratio at 45.69%.

Good potential to increase revenues via new and renewal commissions as well as performance-based growth and retention.

Rent/Lease Terms: Lease ends 02/2022. Rent/Lease Rate: $1704 a month
F&E Available: Yes. Years in business: 20 at this location. Location Photos: Available on request. Current Agency Staffing: Two Licensed staff plus a customer representative.

Property Features and Assets:

Rent/Lease Terms: Lease ends 02/2022 Rent/Lease Rate: $1,704 a month F&E Available: Yes Years in business: 20 at this location Location Photos: Available on request Current Agency Staffing: Two Licensed staff plus a customer representative.

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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