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Naples, Collier County, Florida
Asking Price
$1,994,000
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:
278631
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Newburgh, New York
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For sale is an established award-winning $4.6M Allstate agency. It is located in the metropolitan area bordering the Hudson River. This turnkey agency is highly regarded in the community and consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life/financial services. There is potential to increase revenues through new & renewal commissions and bonuses. Customer loyalty has created great retention in the book. The current owner is available to assist with the transition and guidance of this wonderful opportunity! The asking price is $985,000. The annual new/renewal revenues are confidential until NDA is received. The earned premium is $4,622,818. Local and national lender referrals are available on request. Seller financing is available and if necessary, terms are negotiable. Satisfactory collateral is required. An office space is located in a standalone building with two entrances and parking, a high-traffic area with good visibility and signage. There is a receptionist area, private office, up to nine workstations, storage room/kitchenette/restroom. It is 2,000 square feet.
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.
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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.
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This 20-year, 4.4 million dollar-established Allstate agency located in Decatur Alabama, consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life and financial services. There is great potential to increase revenues as well as performance bonuses based on new business growth, retention, etc. The current owner is open to assisting with the transition and experienced professional staff available to transition with the sale. The revenue was $520K in 2021 including a $116,669 bonus. The earned premium is $4,382,000. Preferred lenders are available. Seller financing is not available. Detailed financial reports are available upon request.
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