Allstate Agency Located in L A County Gross Premium over $5,000,000

Asking Price$750,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$5,000,000

InventoryNot Disclosed

FF&E$10,000
Included in asking price
Real EstateNot Disclosed

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Allstate Agency Located in L A County Gross Premium over $5,000,000


Asking Price$750,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$5,000,000

InventoryNot Disclosed

FF&E$10,000
Included in asking price
Real EstateNot Disclosed

Business Description
This is a growing Allstate Insurance Agency. It has an outstanding staff . It has been in business for over 15 years. The Seller has been a multi line producer and the Agency would make a great purchase.
About the Business
Years in Operation
14
Number of Employees
2
Currently Relocatable
Yes
Franchise
This business is an established franchise
Facilities & Assets
The Seller can obtain their own location within a 15 mile radius of the current office. The Office Location should be transferred or combined with an already excysting office.
Market Outlook / Competition
The market is extremely competitive at this point. Allstate Insurance Company is very oriented to Auto growth. They are paying in excess of 20% new business commission when the Agent is writing Variable Comp Auto Business. Each Agent has their own separate Budget. A
Opportunities for Growth
Allstate allows their Agents to buy other Agencies when they are an Elite Status plus meeting their budget goals set by Allstate.
About the Sale
Seller Motivation
Seller is retiring from the Insurance Business.
Transition Support
The Seller will provide two weeks of training assuming the Buyer has their Casualty License plus the Life and Health License.
Listing Info
ID
2404342
Listing Views
173

Contact Seller

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Business Listed by: Dale Huffman UBI Business Brokers

Listing ID: 2404342 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.


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