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Multi-Service Allstate Insurance Business For Sale
Location: United States -> Illinois -> Cook County
Industry: Professional Services > Other Professional Services

Business Summary

Multi-service Allstate agency with approximately $500,000 in premium located in the Western Suburbs of Chicago, IL for Sale. Owner selling due to health reasons.

Due to current policies in force, new owner comes into a cashflow of $43,000 in renewal business prior to considering new business revenue.

Great office location within strip mall, with a complete brand-new build out in 2012 costing 30,000. FF&E included in asking price.

The agency comes with strong sales numbers, a tenured and seasoned sales & service representative, solid retention and loss ratio. Agency of the year in 2012.

Due to the smaller nature of this agency, the new buyer will be offered a start-up contract, allowing the new owner to write new business at much more aggressive commission level, with opportunities for bonus for cross-sales, retention, and production in the starting 3 years. Ask recruiter for more information.

Vetting with recruiter required prior to seller introductions. Contact Jim McCarthy at 847-402-2703 for more info.


Asking Price Range:  < $250K
Gross Revenues:   $142,000
Cash Flow:   $78,129
Cash Flow Type:  EBITDA
Inventory:  $30,000
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Comprehensive training, and ongoing support provided by company. Ask recruiter for details.
Reason For Selling:  Health reasons.

Print Listing Id: 700213259
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