Businesses for Sale in Milford, Ohio
Milford, Ohio
Business type, title, keywords or posting ID
1 result for businesses in "Milford, Ohio"
Milford, Ohio
Business type, title, keywords or posting ID
1 result for businesses in "Milford, Ohio"
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Milford, Ohio
Allstate Insurance Agency - Well Established
$ 2,500,000
For sale is a well-established 20-year agency in Milford, Ohio, which is right outside of Cincinnati. It is only minutes from a major shopping center with plenty of visibility from the main street. It is well-managed, seasoned staff to likely transition to a new owner. It is approximately $6.5 million in total premium that consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. Company: Allstate City/State: Milford, Ohio County: Clermont Zip Code: 45150 Location Available: Office location is around 1 block away from a major intersection/shopping center with great signage and visibility from main street. Rent/Lease Terms: Originally was 5 years. Last 7 years have been month to month Rent/Lease Rate: $675/Month F&E Available: One Meeting room and 6 Workstations Years In Business: In business for 20 years and in this location for 12 years Location Photos: Available upon request Current Agency Staffing: 4 Producing staff members. 2 Focus on service and 2 on sales. All licensed, 3 with L/H licenses. They are long term employees and they will likely transition with the new owner! Asking Price: $2,500,000 Annual New/Renewal Revenues: Confidential until NDA signed Earned Premium: $6,500,000+ Brokered Book Bank Financing Available: Local and National lender referrals available upon request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required. Detailed Financial Reports: NDA required.
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