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For Sale: Allstate Insurance Agency - Stratford , Connecticut

$553,000.00

Asking Price

  • Address: Stratford,

  • Status: Active

  • Posting ID: 278583

  • 7/26/23

Stratford  Allstate Insurance Agency Business For Sale

Description

For sale is a well-established 13-year agency, in beautiful Fairfield County, CT; only minutes from the beach, nestled between Bridgeport and New Haven. It has a good retention rate and losses. It is located in a very active community shopping area. It is well-managed, seasoned staff to transition to the new owner. They have a loyal customer base with an excellent opportunity for growth in cross-sales as well as life/financial services. This is a great opportunity to acquire an established turnkey operation with excellent cash flow. This won't last long on the market.

They have a 2,500 sq ft. office available in a new building. It consists of a local bank in one suite and the Allstate on the 1st floor of the other with an attorney on the 2nd. It is located in a very busy shopping area consisting of stores, pharmacies, and restaurants. It has excellent signage and visibility.

Currently, there are 4 set-up workstations, a meeting room, an empty office, a Kitchen area, and a tech room. The rent per month is $1,875. All office furniture and equipment to convey. It has been in business for 13 years, 7 in this location. Photos are available upon request. There are 2 LSPs that will transition.

The asking price is $553,000. An NDA is required for detailed financial reports. Earned premium is $2.2M including brokered book. Local and national lenders are available upon request. Seller financing is available if necessary, and terms are negotiable. Satisfactory collateral is required.

To get more information about this Allstate Insurance Agency business for sale in Stratford please phone Ralph Cummings at 800-540-3136 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278583 on BizBen.com. In addition to phoning Ralph Cummings, make sure you email Ralph Cummings above to get more info about this Allstate Insurance Agency, to ask any questions or request an appointment to see this business for sale. Thank you. Energia Partners.

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Contact

  1. Name: Ralph Cummings
  2. phone iconPhone: 800-540-3136

Details

  1. Asking Price: $553,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    Call/Email

  1. Area: Stratford

  2. City: Stratford

  1. Attributes:


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