Allstate Agency Ready To Sell

www.GlobalBX.com

Listing ID: 700347311

Listing Title: Allstate Agency Ready To Sell

Quick Link: http://www.globalbx.com/listing.asp?bId=347311

Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: Michigan

Area

City: Saline

Asking Price Range: $500K - $1.0M

Gross Revenues: $450,000

Cash Flow: $320,000

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 1 - 3

Business Description:
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 $3.2MM in earned premium and has an asking price of $750,000. 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 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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