Allstate Agency in Grand Rapids, MI

Asking Price$315,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$120,000

InventoryNot Disclosed

FF&ENot Disclosed

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Allstate Agency in Grand Rapids, MI


Asking Price$315,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$120,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Great growth potential in this Allstate Agency in downtown Grand Rapids, MI!
Ideal Allstate Agency to get started in the insurance industry or to merge with an existing agency. This $1.5M premium, eight-year old agency is currently in Elite status and earned bonus level in 2024. Retention is at 81.66% with 973 active policies. Great growth potential and with a new owner, this agency is primed for success!
About the Business
Years in Operation
8
Employees
1
Franchise
This business is an established Allstate Insurance Agency franchise
Facilities & Assets
Exceptional downtown office space of 911 square feet with lease payment of $1,800/month. Lease expires in Oct 2029 and seller will help negotiate new lease terms, if needed.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
911
Rent
$1,800.00 per month
Lease Expiration
10/1/2029
About the Sale
Transition Support
One fully licensed sales producer included. Training provided by Allstate and world-class training available from Craig Wiggins Coaching & Consulting, Inc.
Listing Info
ID
2398270
Listing Views
351
Business Location

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Business Listed by: Brokerage Group CWC Agency Brokerage, LLC

Listing ID: 2398270 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.