Allstate Insurance Agency for 25 years in the County of Sacramento

Asking Price$775,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$420,000

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

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Allstate Insurance Agency for 25 years in the County of Sacramento


Asking Price$775,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$420,000

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


Seller Financing Available
Business Description
This is one of Allstate's Elite Agencies with Allstate Insurance Company. The Lease is excellent at $1,400 per month and has 700 sq. ft. Allstate provides world wide trips for its Agents when they qualify on production. Totally paid for by the Company with spouse also included. Agent is retiring but will totally be involved with training until the Seller feels qualified to run the Agency
About the Business
Years in Operation
26
Employees
1.5
Currently Relocatable
Yes
Facilities & Assets
The Agency office is a quality location. Parking is excellent and the facilities are done in a professional manner.
Market Outlook / Competition
Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 31% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company.
Opportunities for Growth
It is possible for an Allstate Agency to purchase additional agencies on an on going basis if they continue to meet company expectations and have trained staff to handle the additional sales and servicing of accounts.
About the Sale
Seller Motivation
The owner is retiring from the business
Transition Support
Allstate gives the training for the purchase of an Agency. The current Seller will stay and train for 60 days then be available for on going virtual training.
Financing Options
For a quality buyer up to $100,000 10-year Note 6.5%/
Listing Info
ID
2306836
Listing Views
881

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Business Listed by: Dale Huffman UBI Business Brokers

Listing ID: 2306836 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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