North San Antonio Allstate Insurance Agency
| Asking Price: | $295,000 | Inventory: | |
| Gross Revenue: | $1,496,000 | Real Estate: | n/a |
| Cash Flow: | $80,903 | FF&E: | $6,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Established Allstate Agency providing services to the North San Antonio area. Located in a fast growing area with many residential neighborhoods nearby. Policies offered by this agency are Home, Auto, Life and Health, and Commercial Insurance with over 1,140 policies in place. The business has a retention rate of 86% and penetration of 1.94 policies per household leaving plenty of room for growth.
This is a perfect opportunity for someone to get into the insurance industry or if relocating this is an excellent book of business to build from. You should have or be willing to obtain P&C, and Group-1 Life & Health licenses as well as SEC Series 6 & 63 licenses. Allstate provides 5 weeks of training to new owners.
There are two key employees willing to stay on with the business. The owner is retiring after having some health issues and is willing to train the new owner for a smooth transition.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Doug Scheiding at 210-348-8989 or info@bbofsa.com.
This is a perfect opportunity for someone to get into the insurance industry or if relocating this is an excellent book of business to build from. You should have or be willing to obtain P&C, and Group-1 Life & Health licenses as well as SEC Series 6 & 63 licenses. Allstate provides 5 weeks of training to new owners.
There are two key employees willing to stay on with the business. The owner is retiring after having some health issues and is willing to train the new owner for a smooth transition.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Doug Scheiding at 210-348-8989 or info@bbofsa.com.
About the Business
Year Established:2001
Employees:3 full time -
Facilities:1,000 sq. ft. building
About the Sale
Management Training and Support:Seller will provide training
Reason For Selling:Retirement
Seller Financing:Seller will negotiate financing
KEYWORDS: insurance, agency, broker, agent, professional, residential, personal
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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