Allstate Agency Ready To Sell

Listing ID: 700343377

Listing Title: Allstate Agency Ready To Sell

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Industry: Franchises

Industry Segment: Other Franchises

Country: United States

State / Province: Indiana


City: Decatur

Asking Price Range: < $250K

Gross Revenues: $210,000

Cash Flow: $20,000

Cash Flow Type: EBITDA

Year Established: 2016

Number of Employees: 1 - 3

Business Description:
This is a great opportunity for someone interested in being part of a community dedicated to revitalizing downtown, There is a lot of foot traffic all seasons: with the right marketing you can continue to get new business coming in the door. This new business will continue spreading the word about how great it is to have coverage with Allstate and the local Decatur Agency.This agency has maintained a customer retention of 87%. The agency portfolio holds approximately $1MM in earned premium and has an asking price of $210,000. 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 won't pay franchise or royalty fees as Allstate would prefer you use those funds to grow your business in areas that you feel will make the best impact. And better still, 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 @ 248-994-9253

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