Established Agency with Financial Stability

Loveland, OH (Clermont County) (Relocatable)

Established Agency with Financial Stability
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Asking Price: Get Financing: $175,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $15,000

Inventory: N/A

Lease Rate: $1,400 /Month

Established: 2014

Established Agency with Financial Stability

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Business Description

This Allstate Branded Agency has a strong presence in the town of Loveland Ohio. The agency‘s portfolio holds approximately $1,250,000 in earned premium with excellent retention. This location has allowed the agency to maintain solid customer loyalty and the opportunity to develop new business. The agency is ideally situated off Interstate 275, which makes it easily accessible for customers in nearby communities. The agency will remain a branded Allstate business. 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. This agency is primed for growth, it just needs the right owner!

Detailed Information

Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
1/31/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The desks, computers and all equipment are negotiable.
Competition:
Pros: The agency is located in a heavy trafficked shopping plaza with easy access to Interstate 275 and plenty of parking. The location provides strong customer retention from families in the surrounding area. The agency has a steadily flow of traffic which increases the agency exposure to potential customers. A lot of the business is generated from in house mailings, return/win-back business, and referrals. When the agency is purchase, the office will need to be replenished with employees to run the daily business operations. 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 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:
Pursuing other business interests.
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Contact the Seller

(from currently available funds)
 
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Trisha Mylek

Business Listed By:
Trisha Mylek

Vincent P. Nesci, Esq.

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Sponsoring Broker:
Vincent P. Nesci, Esq.

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