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Profitable Insurance Agency
Location: United States -> New York -> Other New York -> Kings County
Industry: Business Services > Financial




Business Summary

Why Allstate: An Exceptional Entrepreneurial Opportunity to run your own business and watch its value grow with every sale with no franchise fees. An Industry Powerhouse that is a financially sound business leader with one of the most recognized consumer brands in America. A Product Portfolio to help meet consumer needs of virtually every household, in good economic times and bad. Agent has been with Allstate since 1984. Currently not working on growing agency due tending to ill spouse. Tremendous growth potential. Can remain in current location as subtenant of another insurance agency or relocate. RENT includes everything including Staff. Price Flexible for all cash transaction. 93.98% Retention Rate $829,711 current book of business. Owner will finance 50% of Price at Zero Interest for 1 year. Price is Flexible without Owner financing. Subject to Agency Approval and Minimum Liquid Net Worth $50,000 above down payment. Current Broker is working P/T . There is tremendous opportunity for a F/T working broker. Contact for more information on this Insurance Agency for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $82,971
Cash Flow:   $58,971
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  1984
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Retirement. Health related.




Print Listing Id: 700109548
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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