Guilford CT - Allstate for Sale!
Asset Sale Description
City, County and State: New Haven county, Guilford Connecticut
Written and Advance Earned Premium: $ 3,976,059
Gross Revenue: $377,874 Including Brokered and Annual Bonus
EBITDA: $181,678
Rent amount: $8,400, Utilities's Included
Licensed Sales Producers open to transition with the sale.
All existing Furniture and Equipment to convey excluding personal items
Seller Financing: Negotiable
Asking Price: $705,000
Fully functioning ongoing Agency operation with professional staff open to transition with the sale.
This established Allstate "Pro Level" Agency is located in the Guilford, Connecticut market area! The $3.9 Million earned premium agency is comprised of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life and financial services. Excellent profitability and Retention! Good potential to increase revenues through higher new business comp program & renewal commissions as well as performance bonus based on growth, retention, etc.
Written and Advance Earned Premium: $ 3,976,059
Gross Revenue: $377,874 Including Brokered and Annual Bonus
EBITDA: $181,678
Rent amount: $8,400, Utilities's Included
Licensed Sales Producers open to transition with the sale.
All existing Furniture and Equipment to convey excluding personal items
Seller Financing: Negotiable
Asking Price: $705,000
Fully functioning ongoing Agency operation with professional staff open to transition with the sale.
This established Allstate "Pro Level" Agency is located in the Guilford, Connecticut market area! The $3.9 Million earned premium agency is comprised of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life and financial services. Excellent profitability and Retention! Good potential to increase revenues through higher new business comp program & renewal commissions as well as performance bonus based on growth, retention, etc.
Detailed Information
- Years in Operation
- 25
- Facilities & Assets
- All furniture and equipment will convey with sale.
About the Sale
- Transition Support
- Allstate University, Agency Establishment Team and local Sales Leader.
- Seller Motivation
- Retiring from Allstate.
Listing Info
- ID
- 2323372
- Listing Views
- 636
Business Location
Listing ID: 2323372 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
