$3.1M Allstate Insurance Agency in Franklin, VA

FRANKLIN, Virginia

Asking Price $637,000 Year Established 1990
Annual Revenue Reason for Selling  
Annual P/L Attention Ralph
Annual Cash Flow Listing Number 629258  
# of Employees Business Category Services: Financial, Accounting, Insurance

Business Overview:

Long established (30 years) Allstate agency, with 21 in the same location in Downtown Franklin, VA on the busiest street in town. The book consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial
services. The agency has a long history in the community and has been very active over the years in supporting many events that are hosted for the area and residents. Agent is retiring. This is a Great turn-key operation and won't last long.

Property Features and Assets:

Stand-alone, single-story colonial style, brick building. 1,248 square feet, small kitchen, 1 bath. Adjacent businesses are Optometrist, Home Health Care agency, Sporting Goods Store, Restaurants and Law Office. Excellent signage and visibility on busy Main St in Downtown.

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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