Allstate Agency Selling - Great Opportunity

Listing ID: 700349239

Listing Title: Allstate Agency Selling - Great Opportunity

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Industry: Business Services

Industry Segment: Financial

Country: United States

State / Province: Indiana


City: Indianapolis

Asking Price Range: $500K - $1.0M

Gross Revenues: $450,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2000

Number of Employees: 1 - 3

Business Description:
Very large, profitable agency with an unlimited potential for growth. This agency is fully operational with staff and there is a Financial rep. Great retention, low loss ratio, and great potential for the right buyer looking to make a tremendous income. Service is a high priority in this agency and the results speak for themselves. This agency has in earned written premium and an asking price of $950,000. 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. If interested, call Katie @ 313-460-8090

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