Established a 30-year-old turnkey agency located in Orlando, Florida. The area is primed for great growth opportunities. This $3.7M earned premium agency consistent with a preferred auto/homeowner customer base with the ability for growth in cross sales as well as life/financial services.
This is an established agency located in the expanding five-mile area of Northside Spokane, WA. The office is extremely well-maintained and has excellent signage and visibility. The agency consists of preferred auto and homeowner customers with high retention and a loyal customer base.
This is a family-run Allstate agency located within a great community in the Louisville area. This $3.3M earned 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.
This is one of the few Allstate-enhanced compensation agencies available in this area. Allstate has been in this location for 20 years. Retention at 85.60% is very high for an ECP agency and has a very profitable loss ratio of 45.69%.
Well-established $5.8M+ 28-year agency with 22 yrs in this same location! Located in growing Mebane, NC (between the city centers of Raleigh and Greensboro). The agency is process-driven and will be seamless in the transition for the next owner.
Established a $1 million agency in beautiful Odenton, MD; just 20 minutes south of BWI airport and less than one hour away from D.C!
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.
For sale is an established 7-year Allstate Agency in rapidly growing Greer, SC, just outside of Spartanburg. This $2.74m agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life/financial services.
For sale is an Allstate Insurance agency located in sunny Fort Lauderdale, FL. It has been in business for 5 years at this location. There are currently 2 staff workers. Bank financing lenders are available. Seller financing is also available. There is a location available.
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.
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.
At the wonderful village on the Erie Canal, 20 miles west of Rochester, home of SUNY State University of New York, there is a well-established agency located on the historic main street in Brockport. They have great customer loyalty with a preferred auto and home customer base.
For sale is a great opportunity to purchase a large agency in Fort Lauderdale. $4,800,000 of Allstate Premium the remaining is Brokered Property. They have an 86% retention rate and crossline sale potential. If you are an aggressive individual, this is the agency you are looking to purchase.
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.
This established, diversified independent agency, appointed by top P&C, Standard and Non-Standard, Auto, Health, and Home Carriers, is offering its Agency or Book of Business. Of the 2700 policies, the P&C distribution is approximately Homeowners -25%, Auto -70%, Commercial -5%, and Healthcare.
For sale is a great opportunity to purchase a large agency in the Port St. Lucie area. There is $5,900,000 of Allstate Premium and the remaining book is Brokered Property. They have an 82% retention rate and plenty of crossline sales potential.
This well-managed turnkey Allstate agency is located in the Columbia area of South Carolina. This agency offering has approximately $5.1 Million in combined earned premium plus brokered, which consists of a preferred auto/homeowner customer base with an excellent opportunity for growth
The only Allstate in Haughton; this 27-year, well-established $3.3M agency is located 20 mins East of Shreveport. 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.
This is a California based company that fills a unique niche providing customizable and highly-vetted medical provider networks for Group Health and Workers Comp payers. Three partners formed the Company in 2011, and one wishes to retire. The partners are looking to sell part or all of the Co.
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.
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.
Payroll Vault's combination of strong financials, low operating costs, and proven success make it an exceptional opportunity for anyone looking to run a scalable and sustainable business. Payroll Vault can both personal satisfaction and financial success!
This Automatic Teller Machine (ATM) business is a great fit for someone looking to build a business with high returns. It is a simple business with no employees. The buyer can add additional ATMs and additional employees. This route makes around $23,000 annually. It is generated from 145 ATMs.
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.
This Agency presents an exceptional acquisition opportunity for a buyer seeking to expand in the niche market of Surplus Lines with a well-established foundation. Founded in the mid-1960's, the Agency has built a stellar reputation for serving an educated and licensed group.
This is a well-managed turnkey Allstate agency located in the Columbia, SC area. This well-established agency has approximately $3.45 million in earned premium that consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and other services.
This well-established Company offers a diverse client base with only Individual (IFP) Healthcare Insurance. With strong partnerships with top carriers such as Aetna, Ambetter, AmeriHealthcare, Anthem, Blue Cross Blue Shield, CareSource, Cigna, Molina, Oscar, and United Healthcare.
This is a well-established Allstate agency located in majestic Asheville NC. This $3.867 million earned premium agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. Excellent retention.
Explore the opportunity to acquire one of the Southeast's premier Independent Insurance Agency Chains. This thriving business operates on a robust franchise model, offering both retail and shared office spaces across the states it operates in.
Well-established $5.8M+ 28-year agency with 22 yrs in this same location! Located in growing Mebane, NC (between the city centers of Raleigh and Greensboro). The agency is process-driven and will be seamless in the transition for the next owner.
Motivated seller! This growing Farmers agency is located east of Atlanta, GA. The $1.5 million earned premium agency consists of a preferred auto and homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. Good potential to increase revenue.
Well-established $3.7M Elite Allstate agency with over 12 years in the same location. This is a turnkey agency in Historic Charleston, SC! The agency consists of a preferred auto and homeowner customer base with great retention and excellent opportunity for growth.
An exceptional opportunity to acquire a well-established and highly reputable tax preparation and bookkeeping practice located in the North Bay. This business has cultivated a strong client base, renowned for its personalized and professional services.
This is a well-established agency in desirable bustling Westchester County. The Agency Owner who is retiring, is a perennial Allstate Award Winner, with outstanding established customer relationships. The Auto book is 99.8 % preferred and the Property book is primarily Homeowners and Condos.
This is an established agency located in Fairbanks, AK. The agency is located in a high-traffic commercial area just off Airport Way, the main thoroughfare of Fairbanks, Alaska. It is a well-maintained, impressive office with excellent signage and visibility. Rent and lease rates are negotiable.
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%.
$ 3.8M book of business. Elite status for 2025 which ensures maximum commissions . Organically grown from scratch since 2000, only Allstate agency in Carmichael, California ( 8329 Fair Oaks Blvd Ste. G ).
This is one of the Premier Elite Agencies with Allstate Insurance Company. It has a 49% Loss Ratio and 90% Retention. The Staff is highly trained and Manager has been with the Agency over 15 years. The Lease is excellent at $2,000 per month and has 1000 sq. ft.
This Agency is an agency that has a starting date with Allstate in 1986. The father had the original agency and passed it to his son, who is now retiring. The sale has the possibility of including the Office/Condo in the total Purchase. .
For sale is a well-established elite Allstate agency with over 13 years in the same location. The agency manages a $4.25 million Allstate premium, plus a $370,000 Brokered Book and a $100,000 SC Wind & Hail premium. Located in historic Charleston, SC.
Established a $1 million agency in beautiful Odenton, MD; just 20 minutes south of BWI airport and less than one hour away from D.C!
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 is a great opportunity to own a profitable agency in one of the most desirable areas in the country - Naples, FL This $5.1 million turn-key agency is comprised of appx. $2.6 million Allstate premium, $2.4 million Brokered Property premium and $135K Flood premium.
This is a rare opportunity to acquire a high-performing Farmers Insurance agency with an independent book of business, generating approximately $900,000 in annual service commissions. The agency benefits from strong recurring revenue, a well-established client base, and a strategic location in a...
This is an established agency located in the expanding five-mile area of Northside Spokane, WA. The office is extremely well-maintained and has excellent signage and visibility. The agency consists of preferred auto and homeowner customers with high retention and a loyal customer base.
This is a California based company that fills a unique niche providing customizable and highly-vetted medical provider networks for Group Health and Workers Comp payers. Three partners formed the Company in 2011, and one wishes to retire. The partners are looking to sell part or all of the Co.
Lotto/Western Union services/tax preparation business for sale in San Francisco Outer sunset. Located on a prime bustling street near many restaurants, shops, bakeries and coffee shops. The store is responsible for more than just lottery tickets.
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
One avenue that has consistently shown promise and potential for budding entrepreneurs is the world of franchise businesses. Buying a franchise business offers individuals an opportunity to step into a proven business model, benefiting from an established brand, operational framework, and support.
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This article will walk you through the process of buying a business.
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Whether you are just jumping into the business world or have already been dealing with businesses, buying a business requires pre-planning and a strategic approach. Buying the right small business requires a lot of industry research and planning. Particularly if you are new to entrepreneurship...
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Although purchasing an established company can be a thrilling and lucrative opportunity, it also requires extensive planning and research. This guide will walk you through what to consider when buying a business, from the first steps of identifying the right type of business to the final stages of s
Cash flow is a great estimate of the sources and uses of cash. Essentially it measures the money flowing into and out of a business, serving a business's financial lifeblood, and indicates whether income exceeds expenses. Positive cash flow, where more money is coming in than going out, is a good s
Seller financing is an arrangement where the seller of a business provides a loan to the buyer to cover part of the purchase price. Instead of relying solely on traditional lenders such as banks, the seller be comes the lender, and the buyer pays in installments, typically with interest, over a...
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Buying a business is an exciting alternative to starting from scratch. It lets you skip some of the challenges of building a startup from scratch, like building a customer base or creating a product, and instead jump into a company that's already up and running. But buying a business involves...
Buying a business can be one of the biggest decisions you'll make. To avoid costly mistakes, you need to know the right questions to ask. Asking the right questions will make sure you are making the right deal. Moreover, you will get detailed knowledge about how the business has performed in the...
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Business valuation is crucial when selling or buying a business for several reasons: informed decision-making, strategic planning for growth, and due diligence. Every business owner has goals for growth and success, which is why knowing the value of your business is so important. Understanding your
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Often business buyers actions cause a deal to tank but they never know why. Peter Siegel with the BizBen ProBuy Program discusses what mistakes business buyers make in the search process to buy a business with some of the best business brokers and recent sellers on BizBen about this topic.
Buying a business can be a life-changing event that can make you your own boss, rather than making money for others, you make it for yourself and your family. However, it's crucial to approach it with caution, excitement, and thoroughness.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
Course Objective: To equip new business brokers with the knowledge and skills necessary to demonstrate and deliver exceptional value to business buyers seeking to acquire businesses.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
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Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
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Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
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At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.