$3M Allstate Agency in Wilmington, Delaware

DELAWARE CITY, Delaware

Asking Price $680,000 Year Established 1986
Annual Revenue $287,000 Reason for Selling Retiring  
Annual P/L Attention Ralph Cummings
Annual Cash Flow Listing Number 619760  
# of Employees 2 Business Category Services: Financial, Accounting, Insurance

Business Overview:

This well-established award winning Agency has been serving the Wilmington area since 1986. The office is located between several major cities on the East Coast and has a diverse population of many rich cultures and communities. Being located by the Prices Corner Shopping Center off Kirkwood Highway makes it very accessible to new and potential clients; this agency has over the years received many awards and has high customer service ratings and good retention and loss ratio numbers; The income should provide a good cash flow given its low overhead and expenses. The selling agent is open to negotiation in terms of buying or leasing the property; it’s priced to move fast, so don’t delay.

Property Features and Assets:

Location Available: Yes. Rent/Lease Terms: Lease Choice of One Floor (1,064 square feet) or Two Floors (1,862 square feet) Rent/Lease Rate: Building available for purchase, or will lease at ($18/square feet). F&E Available: Yes.

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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