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Allstate Agency Ready To Sell
Location: United States -> Indiana -> Decatur
Industry: Franchises > Other Franchises




Business Summary

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   $210,000
Cash Flow:   $20,000
Cash Flow Type:  EBITDA
Inventory:  $15,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Allstate provides ongoing education and support for all agency owners and their staff. As you open and begin growing your business, Allstate is behind Page 9 of 10 you every step of the way. You will receive a 10-day hands-on education course at Allstate University. Localized training and education during onboarding phase.




Print Listing Id: 700343377
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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