New Price! Bristol, CT, Elite Allstate Agency for Sale!
Asset Sale Description
Reduced Price!
City, County and State: Bristol, Hartford County, Connecticut
Written and Advance Earned Premium: $ 7,951,586.00
Gross Revenue: $976,576.07 Including Brokered and Annual Bonus
EBITDA: NDA Required
Rent amount: $23,700
Four (4) Licensed Sales Producer open to transition with the sale
All existing Furniture and Equipment to convey excluding personal items
Seller Financing: Negotiable
Asking Price: $1,800,000
Fully functioning ongoing Agency operation with professional staff open to transition with the sale.
This established Allstate "Elite Level" Agency is located in the Bristol, Connecticut market area! The $8,000,000 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: $ 7,951,586.00
Gross Revenue: $976,576.07 Including Brokered and Annual Bonus
EBITDA: NDA Required
Rent amount: $23,700
Four (4) Licensed Sales Producer open to transition with the sale
All existing Furniture and Equipment to convey excluding personal items
Seller Financing: Negotiable
Asking Price: $1,800,000
Fully functioning ongoing Agency operation with professional staff open to transition with the sale.
This established Allstate "Elite Level" Agency is located in the Bristol, Connecticut market area! The $8,000,000 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
- 14
- Facilities & Assets
- All computers, furniture and equipment will convey with the sale.
About the Sale
- Transition Support
- Owner will provide transition assistance as needed. Allstate University, Market
Sales Leader and Agency Establishment Specialist. - Seller Motivation
- Retiring from Business
- Financing
- Negotiable
Listing Info
- ID
- 2322291
- Listing Views
- 1564
Business Location
Listing ID: 2322291 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.
