Established Premium Agency in a Highly Sought Denver Suburb
Business Description
This established $6,700,000 premium agency is located in a very sought after area east of Denver. Founded over 30 years ago, the agency has grown an amazing book of business with high retention. The owner will be retiring and is looking for the right successor to take over the reins and continue growing with the existing highly experienced staff. The Denver metro area is an easy place to own a business, has an inviting community feel, highly rated public schools, and easy access to all the amenities of a larger city. The Denver area has a median home price of $550,000 and an average income of approximately $120,000. Families represent 65% of the community, and nearly 55% of residents own their homes. Search no more, you have found that turnkey opportunity that helps balance work and family!
About the Business
- Years in Operation
- 3
- Number of Employees
- 2
- Franchise
- This business is an established franchise
- Facilities & Assets
- The interior and exterior of this agency are clean and well maintained.
- Market Outlook / Competition
- Allstate Insurance has a low market share in the region and is looking to grow. We make sure you and your staff have access to extensive, hands-on education and support about our products, sales techniques, productivity tips, and marketing tools.
- Opportunities for Growth
- With a 87% retention rate, this opportunity is primed for further growth. Benefit from a proven business model, earn repeat revenue from policy renewals, own an economic interest in the business you build, and value for the future - Allstate currently pays you the economic interest in your business for 1.5 times your prior 12 months worth of commissions if you are eligible and unable to find an approved buyer.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- The agency owner will be retiring and is looking for the right successor.
- Transition Support
- As soon as you buy a book of business, you can utilize the Allstate Integrated Service Center to service the existing policies while you focus on growing and personalizing your business, hiring your sales staff, and becoming a trusted member of your community.
- Financing Options
- Contact Directed Equity - Bill Thomas 303.552.0440 / BThomas@DirectedEquity.com
Listing Info
- ID
- 2325905
- Listing Views
- 1084
Attached DocumentsAttachment Disclaimer
Listing ID: 2325905 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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