Sale Pending - Established Allstate Insurance Agency For Sale

San Francisco, CA (San Francisco County)

Sale Pending - Established Allstate Insurance Agency For Sale

Asking Price:$579,000

Cash Flow:N/A

Gross Revenue:$270,670

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2011

Sale Pending - Established Allstate Insurance Agency For Sale

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Business Description

This is a well established Allstate Insurance Agency located in the heart of one of San Francisco's most popular neighborhoods, with a Book of Business at 1275 households and 1934 policies, written as of June 2016. The earned premium for the last 12 months is $2.34 million, with a retention rate of 87%.

Purchasing an Allstate Insurance Agency requires both Property & Casualty as well as Life & Health insurance licenses. Buyers must also be approved by Allstate Corporate. Allstate provides extensive training and ongoing support to new agency buyers. Excellent ongoing renewal commission programs as well as unlimited opportunities for growth.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
1
Facilities:
The agency is located in one of San Francisco's most popular neighborhoods. (In depth neighborhood report available upon qualification) Rent $2200/mo. Co-tenant pays $600/mo toward the rent amount. It has 3 offices, 1 meeting room, 1 file room, 1 bathroom and an entry/reception area.
Competition:
Due to the prime location, the population and the state of the economy in the area that the agency is located, the competition does not keep up with the need. Allstate products and rates are very competitive in the industry. This agency offers many Insurance product including not limited to Property,Casualty, Life, Health, Retirement, and Disability.
Growth & Expansion:
Unlimited growth potential.
Support & Training:
Allstate provides agency buyers with extensive training through Allstate University and ongoing regional Allstate support.

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Jill Williamson

Business Listed By:
Jill Williamson

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