Profitable Allstate agency ready for a new owner!

Asking Price$599,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$325,000

InventoryNot Disclosed

FF&ENot Disclosed

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Profitable Allstate agency ready for a new owner!


Asking Price$599,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$325,000

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
LOWER PRICE! WAS $640,000, NOW $599,000
ADDITIONAL PRICE CONSIDERATION GIVEN TO AN OFFER THAT DOES NOT REQUIRE SELLER FINANCING
$3.6mm earned premium
87% retention; 5+ years: 88%
Low loss ratios across all major product lines
P&C appointments in NC & SC
Two experienced staff members
Seller owns building and is open to a lease arrangement
Highly visible location
Furniture and equipment included
Seller willing to assist with transition
About the Business
Years in Operation
14
Employees
3
Currently Relocatable
Yes
Franchise
This business is an established Allstate Insurance Agency franchise
Facilities & Assets
Office lease available.
Furniture and equipment included.
Website
https://gatewayconsultinggroup.com/
Market Outlook / Competition
Highly desirable and vibrant community.
P&C appointments in SC & NC to maximize marketing efforts.
Opportunities for Growth
Allstate offers competitive monthly and annual bonus opportunities.
Additional acquisition opportunities may be available in order to bundle with another agency.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Owner is pursuing other business ventures.
Transition Support
Training and education provided by Allstate.
Seller willing to assist with the transition.
Financing Options
Some seller financing available.
Listing Info
ID
2311163
Listing Views
1369

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Business Listed by: Linda Wagner Gateway Consulting Group LLC

Listing ID: 2311163 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.