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Large Allstate Insurance Agency Now Available In Houston, TX
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Allstate requires the purchaser to be an owner/operator so no strategics, P/E's or absentee owner arrangements. Must live in the Houston area and the first step is getting approved by Allstate management before personal information will be released. I will assist you through all steps of the process. MUST have at least $600,000 to put down to qualify for an SBA loan.
Priced based on no owner financing and price is firm as we get tremendous interest in these listings. It's extremely difficult to find large agencies for sale. Price could be adjusted up if some seller financing is required.
Profits can be increased by another $600,000 plus by maximizing the bonus opportunity and current agent has been doing that for many years. I did not include that in the gross and EBITDA numbers just to be conservative.
Priced based on no owner financing and price is firm as we get tremendous interest in these listings. It's extremely difficult to find large agencies for sale. Price could be adjusted up if some seller financing is required.
Profits can be increased by another $600,000 plus by maximizing the bonus opportunity and current agent has been doing that for many years. I did not include that in the gross and EBITDA numbers just to be conservative.
About the Business
- Years in Operation
- 11
- Employees
- 7 Full-time
5 sales staff and 2 service staff. - Currently Relocatable
- Yes
- Facilities & Assets
- Current agent leases a location and you'll have the opportunity to move to a new leased location within the Houston metroplex.
- Website
- https://www.allstate.com/lps/ea
- Market Outlook / Competition
- Other insurance agents.
- Opportunities for Growth
- There is a tremendous opportunity to grow both through organic growth and acquisitions.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $3,000.00 per month
About the Sale
- Seller Motivation
- Downsizing due to other interests and obligations.
- Transition Support
- Current agent and broker will both provide full support to help ensure your success in addition to Allstate's requirements that you attend two months of training prior to purchase.
- Financing Options
- Price is firm and does not include owner financing. Could consider a higher price.
Listing Info
- ID
- 2465237
- Listing Views
- 130
Listing ID: 2465237 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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