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Asking Price$3,875,000

Cash Flow

EBITDA$899,881

Gross Revenue$1,894,882

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Learn from the best!


Asking Price$3,875,000

Cash Flow

EBITDA$899,881

Gross Revenue$1,894,882

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
One of the leading Allstate agencies in Houston is available now.
Allstate requires the buyer to be a local candidate who is the owner and operator. First step is getting approved by Allstate as a buyer before information will be released on the seller. Must have at least $400,000 to put down and $150,000 working capital that can't be financed.

Revenue doesn't include bonus opportunity that can add another $600,000+ to the bottom line.
About the Business
Years in Operation
11
Employees
7 Full-time
5 sales producers and 2 customer service professionals
Currently Relocatable
Yes
Facilities & Assets
Will need to sign a new lease of about 2,000 square feet of office space in the North Houston area.
Website
Show Website URL
Market Outlook / Competition
Other insurance agents.
Opportunities for Growth
Unlimited both organically and through acquiring other agencies. The current agent writes policies throughout the state of Texas.
About the Sale
Seller Motivation
Current agent is downsizing.
Transition Support
Includes two months of Allstate training as well as full support from the selling agent post sale.
Financing Options
qualifies for SBA lending with 10% down from the buyer.
Listing Info
ID
2540322
Listing Views

Listing ID: 2540322 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.