Hot Listing

ELITE Allstate Agency in the DC Metro Area!

Asking Price$2,990,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,570,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

ELITE Allstate Agency in the DC Metro Area!


Asking Price$2,990,000

Cash Flow
$1,000,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,570,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
This Elite, multi-state (MD, VA, DC) agency comes with P&C Binding Authority in all three jurisdictions. Strategically located for seamless access across all three states, this turnkey operation boasts an exceptional 84.46% retention rate and shows impressive 7% year-over-year premium growth. Benefit from a tenured book of business and a fully licensed team of 4 full-time professionals. The well-appointed 1200 sq ft office features a conference room, workspace for up to 8, and full amenities. Financially, the agency boasts $14,671,115 in premium, $1,570,000 in revenue, 6,557 policies in force, 52% loss ratio that reflects auto loss and a current Ivantage Book Value of $655,097. Poised for enduring success and expansion, this is your chance to acquire a top-tier agency in a thriving market.
About the Business
Years in Operation
50
Employees
4
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$3,300.00 per month
Lease Expiration
12/31/2027
About the Sale
Seller Motivation
Owner is retiring.
Financing Options
Some seller financing available.
Listing Info
ID
2372765
Listing Views
936

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Business Listed by: Justin Slocum Agency For Sale

Listing ID: 2372765 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.