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Sarasota, Sarasota County, Florida
Asking Price
$4,000,000
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:
280428
Business Category:
Banking & Finance, Service
Business Types:
Insurance Service, Insurance Brokerage
Keywords:
allstate, insurance, agency, sarasota, florida
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Sarasota, Florida
Allstate Insurance Agency
$ 4,000,000
For sale is an Allstate insurance agency in that has been in business for 19 years. It is located in Sarasota, Florida (34232) and the rent/lease terms + rate are available with an NDA. F&E is available. There will be location photos and current agency staffing available with a signed NDA. The earned premium is $14,290,000. For bank financing and seller financing, lenders can be referred but there will be no seller financing. The asking price is $4,000,000.

Sarasota, Florida
12 FedEx Ground Routes - Sarasota, FL - Vehicle Financing
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Asking Price: $500,000 in outright cash plus $300,000 in estimated possible vehicle financing (Total Purchase Price: $800,000). FedEx Ground Routes for Sale: Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route. Business has seen double digit organic growth since inception. Turnkey and a great opportunity for semi-absentee ownership with full time manager in place. Clean books and financials, including maintenance records for vehicles. This business is ready to generate cash flow on day one. FedEx grows organically as package volume has shown consistent growth each year. FedEx also provides yearly inflation-adjusted revenue enhancements. Average annual growth of over 10%. Business growth can be accelerated beyond organic growth rate through acquisition of additional routes. Home Based.

Sarasota, Florida
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The business owner is looking to retire after a successful transition following the sale of the Company. The Company provides mobile swallowing evaluation and instrumentation services in Skilled Nursing/Rehabilitation Facilities, physician offices and in the outpatient setting. This service includes the use of the fiberoptic endoscopic evaluation of swallowing according to the standards set forth by the American Speech, Language and Hearing Association. As Speech Pathologists that are experts in dysphagia management, it is the Company’s mission to utilize its evidence-based evaluation approach to establish medical necessity, document functional risk, and make recommendations consistent with the patient’s evolution through the continuum of patient care. With this highly specialized protocol, the collaborative goal is to positively affect a reduction in repeat patient hospitalizations, cost of care, and potential to return to a higher level of health status, and lower level of required care. The Company currently provides services in 19 states and the program can be expanded to all 50 states. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: Remote staff with no company headquarters. The Company is run out of owner’s home and can be relocated anywhere in the USA. Competition: Although the Company was the original mobile FEES provider in the field of Speech Pathology in 1992, at this time it does have various competitors in the mobile FEES arena. There is, however, no competition with the physician’s office protocol as that is specific to this Company as it has not been shared with anyone in the field of speech pathology to date. As this is seen as the future of diagnostic settings and is a low risk setting for non-payment, the Company that has the ability to provide this service will have the competitive edge in the diagnostic arena. Growth & Expansion: The Company currently provided services in 19 states. The program can be expanded to all 50 states. A Company that is already in this space has an excellent opportunity to combine capabilities and streamline operations to grow both top line and bottom-line earnings. Financing: TBD if structure and terms are acceptable. Support & Training: As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business. Reason for Selling: Retirement

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.

South Gate, California
Non-Standard Insurance Agency w/Multiple Revenue Lines
$ 450,000
CF : $ 60,000
Founded by a minority entrepreneur, the agency was established in the 1990s with a mission to provide accessible insurance solutions and empower underserved clients. The agency addressed a significant market gap and tailored products for the Hispanic community. By focusing on educating clients via personalized service and multilingual support, the company established a strong reputation and loyal client base. The agency maintains active appointments with a diverse group of carriers, including Kemper-Infinity, Safeway, National General, Bristol, Foremost, Aspire, Pacific Specialty, First Connect, Thimble, HCC, CNA Surety, Aegis, Lemonade, Bridger, and Agentero MGA. All carrier relationships are in good standing, with no known concerns regarding cooperation or policy transfers. Buyer must have their own Safeco appointment to be eligible for this acquisition. As part of its commitment to the community, the business also offers Live Scan fingerprinting, tax preparation, and DMV registration, each of which provides consistent and growing revenue. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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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