Return to broker profile

Allstate Agency Ready to Sell

Brook Park, OH (Cuyahoga County)

Seller Financing Available
Allstate Agency Ready to Sell
Contact Seller

Asking Price: $225,000

Cash Flow: N/A

Gross Revenue: $110,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Rent: $1,600 /Month

Established: 2014

Allstate Agency Ready to Sell

Save Print Share Valuation Report

Business Description

This Allstate agency has a a strong relationship with the community in Brook Park, Ohio. The agency has high visibility in the community. The agency has maintained a customer retention of 86%. There are lots of opportunity to cross sell financial and life products. With steady customer activity, the agency portfolio holds approximately $950,000 in earned premium. The agency is located on a heavy trafficked area and the agency provides a welcoming environment for customers. 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.

Detailed Information

Location:
Brook Park, OH
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great build out to house a high performance sales team. There are four producer work stations plus executive desks for both Office Manger. In the office, we have a private office. Included in the sale of the agency is all technology compliant computers, printers, and a full kitchenette complete with a refrigerator, microwave, and toaster. This office is ready for action! It's essentially a turn key opportunity.
Competition:
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…
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 on-boarding 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…
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Katie Tulpa

Business Listed By:
Katie Tulpa

Vincent P. Nesci, Esq.

Show Phone Number

View My Listings


Sponsoring Broker:
Vincent P. Nesci, Esq.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1675533 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


First Choice Business Brokers

Franchise Opportunity
Cash Required: $50,000