Long Tenured Allstate Agency - High Profits

Palm Beach County, FL

Seller Financing Available
Long Tenured Allstate Agency - High Profits

Asking Price:$505,000

Cash Flow:$172,843

Gross Revenue:$226,149

EBITDA:N/A

FF&E:$10,000

Inventory:N/A

Established:1985

Long Tenured Allstate Agency - High Profits

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Business Description

This Allstate Agency has it ALL! High Retention, low loss ratios, clean book. Agency has been at the same location for 30 years. Business consists of $1.6mil in Allstate premiums and about $500k in brokered premiums. 2014 commissions = $226k. Owner manages low overhead to make agency very profitable. Favorable lease, loyal customers (30 yrs). Make money day 1 w/minimal risk. Financing available w/only 5-10% down. Please refer to Listing #730149744 and advisor David Ballou when inquiring.

Detailed Information

Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 1105 Square Footage: 1000 Building Type: Split Mall Terms & Options: Option to extend Expiration Date: 1/1/2017
Financing:
Seller will finance $840.98 at 6% for 120 months.
Support & Training:
Seller will train for 2 weeks at no cost.
Reason for Selling:
Retirement

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David Ballou

Business Listed By:
David Ballou

Transworld Business Brokers

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Sponsoring Broker:
Andrew Cagnetta

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