Insurance Agency
www.GlobalBX.com
Listing ID:
700281211
Listing Title:
Insurance Agency
Quick Link:
http://www.globalbx.com/listing.asp?bId=281211
Industry:
Business Services
Industry Segment:
Financial
Country:
United States
State / Province:
Ohio
Area
City:
Cincinnati
Asking Price Range:
< $250K
Gross Revenues:
$397,000
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2015
Number of Employees:
1 - 3
Business Description:
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.
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