Successful Gross of $ 3million Casualty Lines Allstate Agency 10 years

Asking Price$640,000

Cash Flow
$318,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,000,000

InventoryNot Disclosed

FF&E$5,000
Included in asking price
Real EstateNot Disclosed

listing imageSave

Successful Gross of $ 3million Casualty Lines Allstate Agency 10 years


Asking Price$640,000

Cash Flow
$318,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,000,000

InventoryNot Disclosed

FF&E$5,000
Included in asking price
Real EstateNot Disclosed

Business Description
This is a very successful medium sized Allstate Agency 1 Full- Time employee Lease at $1,520.
It has Elite Status.. Allstate has International Agency Trips Annually when an Agent is meeting Company goals for his Agency. If your meeting the goals of Variable then the Commission is 20% for new business and the first Renewal.
About the Business
Years in Operation
8
Number of Employees
1
Currently Relocatable
Yes
Facilities & Assets
The office has 800 square feet. The Agency was started in 1987. And it has won various awards.
The Seller will help train a new Agent. Plus the full time employee can handle the office by herself. The Agency has a good Loss Ratio and Retention..
Market Outlook / Competition
Allstate rates are very competitive and the Agency force is expanding but only with current Agencies buying additional locations.
Opportunities for Growth
Allstate Agents can now buy additional Allstate Locations if they choose. Also the Automobile rates for Standard Auto policies is very competitive through the State of California. Tremendous advertising on T. V. along with Agents acquiring leads. Because Allstate is in every in the U. S. it makes it very competitive against other minimum State Insurance Agencies.
About the Sale
Seller Motivation
The Owner is going into a different profession.
Transition Support
Sell and Office Manager can do outstanding training.
Listing Info
ID
2411107
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Dale Huffman UBI Business Brokers

Listing ID: 2411107 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.


Similar Listings
Agoura Hills, CA CPA Practice for Sale
$1,250,000Agoura Hills, CA CPA Practice for SaleLos Angeles County, CA
10+ Yr Business Brokerage and M&A Firm
$1,200,00010+ Yr Business Brokerage and M&A FirmLos Angeles County, CA
City Lifestyle
$30,000City LifestyleFeatured Franchise
Calabasas, CA CPA Practice for Sale
$700,000Calabasas, CA CPA Practice for SaleLos Angeles County, CA
Complete Pest Solutions
$100,000Complete Pest SolutionsFeatured Franchise
Virtual Woodland Hills, CA Practice for Sale
$995,000Virtual Woodland Hills, CA Practice for SaleLos Angeles County, CA
Sherman Oaks, CA EA Practice for Sale
$780,000Sherman Oaks, CA EA Practice for SaleLos Angeles County, CA
Intelligent Office
$175,000Intelligent OfficeFeatured Franchise
Virtual Covina, CA CPA Practice for Sale
$3,000,000Virtual Covina, CA CPA Practice for SaleLos Angeles County, CA
Allegra Marketing Print Mail
$100,000Allegra Marketing Print MailFeatured Franchise
Agoura Hills, CA CPA Practice for Sale
$1,250,000Agoura Hills, CA CPA Practice for SaleLos Angeles County, CA
10+ Yr Business Brokerage and M&A Firm
$1,200,00010+ Yr Business Brokerage and M&A FirmLos Angeles County, CA
City Lifestyle
$30,000City LifestyleFeatured Franchise
Calabasas, CA CPA Practice for Sale
$700,000Calabasas, CA CPA Practice for SaleLos Angeles County, CA
Complete Pest Solutions
$100,000Complete Pest SolutionsFeatured Franchise