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Insurance & Financial Services Agency
Location: United States -> Michigan -> Dearborn
Industry: Professional Services > Other Professional Services




Business Summary

Price Drop Asking Price $586,000

Award Winning Agency
Solid Customer Retention

This Award Winning independently-owned* Allstate insurance agency business has provided an outstanding level of service and commitment to the Dearborn, MI community in which it operates. The Agency owner has grown this business to over 2 million dollars in written premium and boosts sustainable residual income and solid customer retention at 86%.

*Excellent growth opportunity through cross selling within existing customer base.

Office location is within a well-established business area with Allstate Branded Retail Environment. This book is for sale by the agent-owner and negotiations will take place directly with the seller.

*Agents are independent contractors selling Allstate Insurance & Financial products exclusively; there are no franchise or licensing fees to own an Allstate agency. Agency owners are not employees of Allstate, but own the economic interest of their book of business.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,335,000
Cash Flow:   $239,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Four working areas 3 offices and reception area. Additional large office upstairs all office computers furniture & equipment included with sale.
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  You will have ongoing dedicated support from a local field sales leader. You will receive 5 to 8 weeks of extensive education* to get you started. Plus, you and your staff will receive ongoing education and support as you continue to grow your agency over the years. Allstate provides a free, customizable agency website exclusively for you, along w
Reason For Selling:  Retirement/ relocation

Photos

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Insurance & Financial Services Agency Photo 1




Print Listing Id: 700270034
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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