NEW YORK, New York
| Asking Price |
$1,275,000 |
Year Established |
22 |
|
| Annual Revenue |
|
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
Ralph Cummings |
|
| Annual Cash Flow |
|
Listing Number |
629063 |
|
| # of Employees |
2 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Established turnkey 15 year Allstate Agency is located in the Bronx/Manhattan area of New York. This $4.5M earned premium agency consist of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Good potential to increase revenues through new & renewal commissions as well as performance bonus based on growth, retention, etc. Customer Retention is 91% and is above average having shown continued improvement over the last three years. Experienced, licensed staff may be open to transition with the sale while the current owner is open to a short term transitionary consulting relationship if desired.
Property Features and Assets:
Located in Bronx/Manhattan area.
Market Competition and Expansion:
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity