Hot Listing

North Carolina is the Number 1 State to Own a Business!

Asking Price$900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

North Carolina is the Number 1 State to Own a Business!


Asking Price$900,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This established $4,300,000 premium agency is located in the highly sought after Raleigh, North Carolina. The agency owner has built an amazing business, will be making a shift for personal reasons to focus on family, and is looking for the right successor to take over the reins and continue growing. Raleigh 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 Raleigh area has a median home price of $420,000 and an average income of approximately
$100,000. Families represent 65% of the community, and nearly 55% of residents own their homes. Search no more, you have found that turn key opportunity that helps balance work and family!
About the Business
Years in Operation
3
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 91% 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
Retiring to focus on family and is looking for 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
2347240
Listing Views
1927
Attached DocumentsAttachment Disclaimer

FLYER Allstate_Raleigh, NC.pdf


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Business Listed by: Gary Chitwood

Listing ID: 2347240 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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