Allstate Agency NW of Cincinnati, Ohio

Asking Price$450,000

Cash Flow
$195,248
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$237,037

InventoryNot Disclosed

FF&ENot Disclosed

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Allstate Agency NW of Cincinnati, Ohio


Asking Price$450,000

Cash Flow
$195,248
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$237,037

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Allstate agency located in NW Cincinnati is ready for a new owner! The business also has P&C Binding in Indiana and manages $2.6 million in written premium, plus an additional Ivantage premium of $43,338 and flood premium of $20,238. Operating from a two-room office with three workstations, the agency is staffed by one licensed sales agent overseeing 1,583 policies in force. With an annual revenue of $237,037, an 86.2% retention rate, and an auto loss ratio of 41.3%, this agency offers a strong foundation and growth potential for its next owner.
About the Business
Years in Operation
19
Employees
1
Facilities & Assets
Two room office with three work stations. 1 full time Licensed Sales Agent.
Website
https://agencyforsale.com/listings/cbcadaea-9820-4820-9c47-c3517c2d6b0e
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
400
Rent
Not Disclosed
About the Sale
Seller Motivation
Pursuing other opportunities.
Listing Info
ID
2340827
Listing Views
578

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Business Listed by: Justin Slocum Agency For Sale

Listing ID: 2340827 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.