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Winston-Salem, Forsyth County, North Carolina
Asking Price
$1,600,000
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:
278337
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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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This is a rapidly growing start-up Agency, with additional revenue in non-Allstate products. This book currently qualifies for enhanced compensation for an additional 2 years. This attractive Agency is located in a very high-traffic area of Corona. The agency consists of preferred auto and personal properties with excellent opportunities for growth through cross-sales, life insurance, and financial services. Outstanding revenue opportunities through enhanced new and renewal commissions as well as future bonus earning opportunities. Revenues are confidential until an NDA is received. The earned premium is $1,050,000. Local and national referrals are available on request. Seller financing is available if open to minimal financing if necessary. There is an office space located in a strip mall in a high-traffic area. It is 1,100 square feet month-to-month lease for $2,450 per month. Furniture and equipment to convey. They have been in business for two years and six months. Photos are available on request. There are two full-time team members, along with the current agency owner.
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