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40 Years Allstate Branded Insurance Agency

Valparaiso, IN (Porter County)

Seller Financing Available
40 Years Allstate Branded Insurance Agency
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $8,000

Inventory: N/A

Rent: $700 /Month

Established: 1978

40 Years Allstate Branded Insurance Agency

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Business Description

This Allstate Agency has been around since 1978 and has a solid presence in the town of Valparaiso, Indiana. The agency is located near multiple local apartments and homes which makes it a great spot for the business. The agency ‘s portfolio holds approximately $1,400,000 in earned premium with excellence customer retention. Included in the selling of the agency, there are over 4,000 saved quotes for P/C. This agency will be offering excellent financing options for well qualified candidates by offering no payment for the first 120 days. The agency will remain a branded Allstate agency. The new owner will not be allowed to sell outside competing products or services. Insurance and Financial Licenses are not required to inquire about this business as long as the buyer obtains licensing post purchase approval from Allstate corporate.

Detailed Information

Location:
Valparaiso, IN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
942
Lease Expiration:
3/31/2018
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
This agency has developed a strong connection with the local business in Valparaiso. Since they moved to this location 11 years ago they have seen a customer retention rate of 93%. Allstate is unlike many other insurance opportunities in that you own an economic interest in your agency from day one. You can pass it down to the next generation or you can sell it back to Allstate (buyback is guaranteed at 1.5 times the renewal commission value of the book at 5-year vesting). There is no ceiling on the amount you can earn through Allstate's highly competitive commissions. You can also earn performance incentives and rewards. You won’t pay franchise or royalty fees as Allstate would prefer you use those funds to grow your business in areas that you feel will make the best impact. And better still, you can make a difference as an Allstate Agency Owner in your community by helping people protect what matters most.
Growth & Expansion:
As an Agency Owner, you are the local brand. Allstate will help you establish and market your agency in your community.They provide marketing funds to promote a wide array of products. Local marketing support to develop and implement successful marketing and advertising plans. Branding of the inside and outside of your agency. Assistance in finding a location for your agency. Potential to open additional locations over time. And much more…
Financing:
Financing option for well qualified candidate with no payment for first 120 days
Support & Training:
Allstate provides ongoing education and support for all agency owners and their staff. As you open and begin growing your business, Allstate is behind you every step of the way. You will receive a 10-day hands-on education course at Allstate University. Localized training and education during onboarding phase. Ongoing education and support about products, sales techniques, productivity tips and marketing tools. Consultation and advice from a dedicated Field Sales Leader to help you grow your business and help with process implementation, including advice on best practices for driving sales to retention. 24/7 support from one of the country’s largest teams of claims professionals. Assistance with after-hours support for customers from Allstate’s Customer Contact Center. And much more…
Reason for Selling:
Retirement
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(from currently available funds)
 
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Katie Tulpa

Business Listed By:
Katie Tulpa

Vincent P. Nesci, Esq.

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Sponsoring Broker:
Vincent P. Nesci, Esq.

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