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Largo, Pinellas County, Florida
Asking Price
$1,500,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ralph Cummings
Phone: Show phone number
Name
Ralph Cummings
Phone
Show phone number
Posting ID:
278584
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Largo, Florida
Allstate Insurance Agency
$ 1,500,000
For sale is a well-established Allstate insurance agency in Largo, Florida (33770). There is a location available but the financial reports, rent/lease, and photos are only available with an NDA. They have been in business for 8 years with 4 people on staff. F&E is available. The earned premium is $5,800,000+ and lenders can be referred. But there is no seller financing. The revenue is $478,000+ (not including bonuses or compensation). The asking price is $1,500,000.

Saint Petersburg, Florida
Allstate Insurance Agency - Retiring Agent
$ 1,500,000
Business Company: Allstate Insurance Agency City/State: Saint Petersburgh FL County: Pinellas Zip Code: 33710 Location Available: Yes Rent/Lease Terms: With NDA Rent/Lease Rate: With NDA F&E Available: Yes Years in business: 17 Location Photos: With NDA Current Agency Staffing: 2 Staff Financial Asking Price: $1,500,000 Annual New/Renewal Revenues: $621,000 Earned Premium: $6,500,000 Bank Financing Available: Yes we can refer lenders Seller Financing Available: Based on sales price Detailed Financial Reports: With NDA General Information Agent is going to retire, opportunity for new owner to take advantage and build renewal income. Allstate premium is $2,800,000 the rest is Brokered Property and Allstate flood. The Allstate premium is 80% Auto with an 87% Retention Ratio. Revenue above includes $90,000 in bonus payout. For more information on this listing, please contact: Energia Consulting Partners, LLC Corporate@EnergiaPartners.com

Pinellas County, Florida
Allstate Agency - Well Trained Staff, Turnkey
$ 1,650,000
This is a great opportunity to purchase an Agency in beautiful Saint Petersburg FL. This top-producing elite agency has a well-trained and licensed staff who all work remotely. The agency is on pace to add $500,000 in premiums this year. The loss ratio is 48.78% and auto retention is 87.19%. This is truly a great turnkey opportunity. General Info - Company: Allstate - City/State: Saint Petersburg FL - County: Pinellas - Zip Code 33707 - Location Available: YES - Rent/Lease Terms: 2 Year lease - Rent/Lease Rate: $890 per month - F&E Available: Yes - Years in business: 10 Plus - Location Photos: With Signed NDA - Current Agency Staffing: With Signed NDA Financials - Asking Price: $ 1,650,000 - Annual New/Renewal Revenues: $ 768,115 (2022) - Earned Premium: $ 7,740,000 PLUS - Bank Financing Available: Yes we can refer Lenders - Seller Financing Available: No - Detailed Financial Reports: With NDA

Pinellas County, Florida
Allstate Insurance Agency
$ 320,000
This is one of the few Allstate-enhanced compensation agencies available in this area. Allstate has been in this location for 20 years. The agency consists of preferred auto and personal property with excellent opportunities for growth in cross-sales as well as life and financial services. Retention at 85.60% is very high for an ECP agency and has a very profitable loss ratio of 45.69%. Good potential to increase revenues via new and renewal commissions as well as performance-based growth and retention.

Wilmington, Delaware
Allstate Insurance Agency
$ 680,000
This well-established award-winning Agency has been serving the Wilmington area since 1986. The office is located between several major cities on the East Coast and has a diverse population of many rich cultures and communities. Being located by the Prices Corner Shopping Center off Kirkwood Highway makes it very accessible to new and potential clients; this agency has over the years received many awards and has high customer service ratings and good retention and loss ratio numbers; The income should provide a good cash flow given its low overhead and expenses. The selling agent is open to negotiation in terms of buying or leasing the property; it's priced to move fast, so don't delay

Houston, Texas
Allstate Insurance Agency
$ 511,450
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services. Good potential to increase revenues through new & renewal commissions as well as performance bonuses based on growth, retention, etc. An experienced, licensed staff member is willing to transition with the sale while the current owner is open to a short-term transitionary consulting relationship if desired. The owner is still focused on growing the agency in 2023.

Aiken, South Carolina
Allstate Insurance Agency
$ 833,000
For sale is an established agency in Aiken County South Carolina with a great business climate. The agency has an excellent retention ratio of 90% + and a very profitable loss ratio. The agency consists of preferred auto/homeowners with a great opportunity to grow in cross-sales as well as life and financial services. if you are looking to own your own business in a progressive area, this is a great opportunity! The asking price is $833,000. Revenue is $474,235. Earned premium is $3,700,000. Bank financing referrals are available. The seller is open to negotiation for financing. Detailed financial reports are available with an NDA. They have an excellent licensed staff with 17 years of experience; 1 full-time and 1 part-time staff as well. The staff has developed an excellent relationship with clients and is willing to stay with the new owner.

Online / Remote
Allstate Insurance Agency - Highly Trained Staff
$ 2,399,000
Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 20% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. This is one of the Premier Elite Agencies with Allstate Insurance Company. It has a 45% Loss Ratio and 83% Retention. The Staff is highly trained and Manager has been with the Agency over 15 years. The Lease is excellent at $2000 per month and has 1000 sq. ft. Allstate provides world wide trips for its Agents when they qualify on production. Totally paid for by the Company with spouse also included. Agent is retiring but will totally be involved with training. Allstate is a growth-oriented company and does not limit its agents on how much they can write in the Casualty Business. There are Underwriting Guidelines that need to me maintained in order for the company to be profitable, but each agent knows what they are, receives ongoing training for Owners and Staff Associates. Allstate gives the training for the purchase of an Agency. The current Seller will stay, and train for 30 days then be available for ongoing virtual training. The manager is capable of managing the office for extended periods of time. Contact Dale Huffman at 714-928-5138.
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