Established Allstate agency since 2006. Low loss ratio, great retention and prime location with tremendous growth in immediate area around agency.
Our Allstate agency was started from scratch in 2006. Acquired another existing Allstate agency in 2008. The location of the agency sits along SR54 and Veterans Hwy in Land O Lakes. We are the only Allstate agency in Land O Lakes that once had two other Allstate agencies. The other Allstate agencies were sold due to agents retiring. The agency office has 5 offices, waiting area, conference room and kitchen. The office rent is very competitive and may be moved if desired within the Land O Lakes area. Serious inquiries only. Interested inquiries will need to show proof of funds or pre-approval letter from lender. Interested buyers MUST have taken the Allstate agent assessment and show pre-approval from Allstate as a candidate for the agency program.
About the Business
Number of Employees:
Building Sq. Ft.:
Rented office. Reception area, conference room, four offices, bathroom, kitchen. 1400 sq foot facing busy SR 54 in Land O Lakes.
2 weeks by owner/partner and principal agent if necessary.
10% seller financing at 6% interest for three years.
Ad Detail Views:
Asking Price: $990,000 Gross Revenue: $342,000Cash Flow: $142,500 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Branded captive agency for sale Tampa/ Land O Lakes Pasco County
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
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