Allstate Agency 35 years at Location Mega Agency

Asking Price$3,583,069

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,362,133

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Allstate Agency 35 years at Location Mega Agency


Asking Price$3,583,069

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,362,133

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This is an Allstate Insurance Agency mega size. The Seller is looking to retire and he has had an outstanding career being an Allstate Elite performer. This agency
has a Gross Insurance premium of Allstate and I vantage Insurance carriers of $ 15,134,813. The Gross Commission is approximately $1,362,133 dollars per year, and the Bonus Amount is based on future Production in 2026, but the range can be 4% of the Agency Renewals. The staff of four employees have the ability to write all lines insurance and handle the customer service issues. Allstate provides world wide trips for their Agents who make the company goal. The Cost is taken care of by the company. This full benefit is provided for the spouses or significant other.
About the Business
Years in Operation
38
Currently Relocatable
Yes
Facilities & Assets
Professional Office with separate parking and excellent furnishings. This is a mega Agency and it has over 15 Million in Gross Premium. Please contact Dale Huffman at 714-928-5138 for any additional questions. The current agent is retiring from Allstate.
Market Outlook / Competition
Allstate Insurance is now on a pace for aggressive marketing in the Auto underwriting insurance. They are also allowing agents to buy other Allstate agencies within the area that they are conducting business.
Opportunities for Growth
Allstate allows their Agencies to acquire additional agencies within their respective State.
About the Sale
Seller Motivation
Seller is retiring after 35 year career with Allstate.
Transition Support
The Agency has a great training manager and the staff is long term and can assist in the training of New Buyer up to six months.
Financing Options
Yes, for a qualified Buyer
Listing Info
ID
2443127
Listing Views
36

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Business Listed by: Dale Huffman UBI Business Brokers

Listing ID: 2443127 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. See our full Terms of Use. Learn how to avoid scams.


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