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Insurance Agency
Location: United States -> Ohio -> Cincinnati
Industry: Business Services > Financial




Business Summary

This multi-line well known insurance agency is professionally branded with Allstate's retail environment and color palette. It is located in a popular Southwest Ohio community and has the benefit of conducting business across the border to Indiana. Office environment is literally turnkey and would allow buying agent to come in with little or no modification and assume business.

Store front that is located in a retail strip mall. About 1,400 square feet with 5 offices, plus larger Agent Office. Also, Reception Desk, Reception area, telemarketer workroom, 2 restrooms, resource room, and kitchenette. 5 desks, conference table (currently not in use), a 3-in-one laser printer, 5 office printers, HD security system, local area network with wireless, clients chairs, plus office swivel. Completely branded to Allstate color palette. Literally turnkey. Office lease expires on 12/31/17. Buyer can renegotiate long term lease or move locations.

Large % of book is based in the community in which it is located. This community is easy to market to and gauge ROI. Add in the ability to sell in Indiana makes this office well is situated for optimal growth and opportunity. Allstate does leave the possibility open for additional locations contingent on the success of the original agency. Earnings potential is unlimited and depends on the size of your agency and how much money you are willing to invest up front to grow your business.

Allstate is an Industry leader and a household name. Name recognition will help drive traffic to your business. This is one of three agencies in town, others: State Farm and in independent agency. This agency also has policies in Ohio and some in Indiana due to proximity of the Indiana border. Insurance is a very reliable industry. Everyone needs insurance and it's mandatory in many situations. Regular renewals from existing policies give you a steady stream of dependable income while you work to grow your business.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $397,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  23000 Furniture included in asking price
Seller Financing:  No

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Industry experience is not required. Current owner is willing to make himself available as much as new buyer would want/need to assure a smooth transition and client retention. As an allstate agency owner 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
Reason For Selling:  Leaving the industry to focus on other interests

Photos

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Insurance Agency Photo 1




Print Listing Id: 700281211
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Also See: Franchise Opportunities > Franchise Resales > Ohio Businesses For Sale > Ohio Franchises For Sale > Ohio Business Brokers



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