Insurance Agency - Auto, P&C, Homeowner, Life & Health

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Profitable Insurance Agency For Sale in Las Vegas
Asking Price:
$195,000

Gross Revenue:
$1,200,000
Cash Flow:
$74,384
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$20,000
included in asking price

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Business Description

For SALE! Confidential ALLSTATE Insurance Agency in Las Vegas, with 840 PIF, $1,200,000 in premiums and 83% retention rate. Earned commissions in 2016 $138,000. Growth opportunities abound for a new owner. Take your expertise and skills in the insurance industry to the next level. A new buyer will have the advantage of Allstate's exclusive agent education program that enables its agents to learn about agent management, prospecting and marketing, and how to leverage tech. Support will be provided from a local field sales leader. Allstate is a world leader in insurance products, and according to seller, this is an excellent time for expansion and growth in the Las Vegas Valley. For fastest response to your inquiry, call George Karas at 702-290-9120 or use this ad's email reply.

Listing Agent: George Karapanagioeides - Phone: 702-290-9120

About the Business

Year Established:
1995
Number of Employees:
1 PTE
Real Estate:
Leased
Building Sq. Ft.:
1,200
Facilities:
This is a leased location of 1,200 square feet with a Total Monthly Rent of $1,656. Seller is active in the business with 1 PTE. Hours of operation are Mon-Fri 9am-5pm. P&C, Life, Health and Business Licenses required.

FF&E $20,000;
Leasehold Improvements $5,000
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About the Sale

Reason For Selling:
Personal
Training/Support:
Training by Allstate
Seller Financing:
$185K Down Payment and Seller will carry balance for 12 months @ 6% interest

Listing Info

ID:
1386986
Ad Detail Views:
1789

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Business Listed by

George "Karas" Karapanagioeides

First Choice Business Brokers

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Sponsoring Broker:

Jeff & Linda Nyman
First Choice Business Brokers
License# B.0034047/BS.0034179.MGR

U.S. Census Data for Clark County, NV
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Clark County, NV
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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