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Irvington, Westchester County, New York
Asking Price
$1,100,000
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:
278587
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Rock Hill, South Carolina
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For sale is an established 35-year Allstate Agency in Beautiful Rock Hill, SC - near bustling Charlotte, NC. This $3.5M agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life/financial services. It is an additional quality brokered business with consistent revenue. They have great potential to increase revenues as well as performance bonuses based on growth, retention, etc. Their customer loyalty ratings are well above average as this is only the second-owner in this location in 35 years. Retention is very high, and multi-line and loss ratios are excellent. The agency is process-driven and will be seamless in the transition for the next owner. This will not last long on the market! They have a single-story, stand-alone 1,468 sq ft. building available and it is near other professional offices (doctors, real estate, lawyers). They have excellent signage and visibility. They have a 3-year lease that expires June 2024. The rent is $1,425/month + utilities. All furniture and equipment convey. It has been in business for 35 years. Location photos and local/national lenders are available on request. There are currently 2 sales representatives and 1-customer service worker (1 salesperson is life-licensed); all will transition. The asking price is $799,000. An NDA is required to see the revenues. Earned premium is $3,490,000 including brokered book. Seller financing is available if necessary and terms are negotiable. Satisfactory collateral is required. Detailed financial reports are confidential until an NDA is signed.
Brockport, New York
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Fort Lauderdale, Florida
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For sale is an established, $1.5 million ECP agency in dynamic and growing St. Peters, MO, just outside of St. Louis. The agency consists of a preferred auto and homeowner customer base with an excellent opportunity for growth in cross sales, as well as life/financial services. This agency sale creates a wonderful opportunity as it is a turnkey operation. The current owner is available to assist with transition and guidance. This won't last long on the market. The office is in a professional complex with high traffic, good visibility, and signage; approximately 1,620 sq ft with 7 workstations. Neighboring businesses include financial services, chiropractors, and insurance. Rent/Lease Terms: 3-year lease with renewal options, current lease expires Sept. 2023. Rent/Lease Rate: $1,620 per month. F&E Available: Furniture and equipment convey. Years In Business: Almost 2 years in this location. Location Photos: Available upon request. Current Agency Staffing: Three seasoned sales professionals with one customer service. Annual New/Renewal Revenues: Confidential until signed NDA received. Earned Premium: $1.5 Million. Bank Financing Available: Local and national lender referrals are available upon request. Seller Financing Available: If necessary, terms negotiable; Satisfactory collateral required. Detailed Financial Reports: Confidential until signed NDA received.
Titusville, Florida
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For sale is a well-established Allstate Agency, family-owned for 58 years in beautiful Titusville, FL, on the Space Coast. This $3.0M total premium agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life/financial services. Financial details are confidential until NDA is signed. Earned premium is $3,000,000 including brokered book. Local and national lenders are available upon request. If seller financing is necessary, terms are negotiable; satisfactory collateral is required. There is an 870 sq. ft space in a strip center with 14 units. It is a stone-front building just 45 minutes due East of Orlando. Neighboring businesses include law offices, mortgages, and doctors. They have excellent signage and visibility. It is agent-owned and the rent/lease terms are negotiable. Furniture and equipment to convey if the building is purchased as well. It has been in business for 37 years and photos are available on request. They have currently 1 licensed (LSP), 1 EFS, one is life-licensed; likely not transitioning.
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Allstate Insurance Agency
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For sale is a well-established 23-year agency in beautiful Naples, FL; only minutes from the beach. It is well-managed with seasoned staff to transition to a new owner. It has almost $7 million in total premium that consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in gross sales as well as life/financial services. The agency has a low loss ratio and customer loyalty has created excellent retention in the book. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won't last long on the market. The asking price is $1,994,000. An NDA is required. The earned premium is $6,700,000 including brokered book. Local and national lenders are available upon request. For seller financing, if necessary, terms are negotiable. Satisfactory collateral is required. A 1,580 sq ft. location is available, near a large real estate office, bank, Publix, restaurants, hair salon, veterinarian, and dry cleaner. They have excellent signage and visibility. There are 7 workstations with computers. They have a 3-year lease, which renews in July 2025. Rent is $2,435/month. All F&E to convey. Confidential until NDA signed. (H)
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