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Allstate Agency Ready To Sell
Location: United States -> Michigan -> Wyandotte
Industry: Business Services > Financial




Business Summary

Wyandotte is a great city to own a business in and the community loves us. We have one of the best locations in the city with traffic coming from 4 directions and signage on all four sides. Front and back customer entrances with wheelchair ramp at back door. Two bathrooms and a kitchen. 1700 square feet of office space with all new computers and furniture. This agency holds $3.3 Million in earned premium with an asking price of $986,431. 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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $423,468
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $25,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Allstate provides award winning training to Allstate agency owners and their staff through the onboarding phase and beyond.




Print Listing Id: 700348984
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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