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Allstate Agency Ready To Sell
Location: United States -> Michigan -> Saline
Industry: Business Services > Financial




Business Summary

This a community agency. The agency has over 200 reviews, accounting for a 4.5 stars review. Many of the clients have been customers of Allstate for over 20 years. Numbers and cash flow wise, this business is a no brainer and you will not find a faster and more secure return on your investment. The agency portfolio holds approximately $2.8MM in earned premium and has an asking price of $599,000. This agency sale will include a licensed staff member, low rent cost and overhead. The current agency owner will provide close to 60,000 leads. Allstate is unlike many other insurance opportunities in that you own an economic interest in your agency from day one. You can pass it down to the next generation or you can sell it back to Allstate (buyback is guaranteed at 1.5 times the renewal commission value of the book at 5-year vesting). There is no ceiling on the amount you can earn through Allstate's highly competitive commissions. You can also earn performance incentives and rewards. You can make a difference as an Allstate Agency Owner in your community by helping people protect what matters most.

For more info call Katie @ 313-460-8090


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $450,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Allstate provides award winning training to agency owners and staff members.




Print Listing Id: 700349167
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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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