Insurance Agency - Auto, P&C, Homeowner, Life & Health

Las Vegas, NV (Clark County)

Seller Financing Available
Insurance Agency - Auto, P&C, Homeowner, Life & Health
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Asking Price: Get Financing: $195,000

Cash Flow: $74,384

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1995

Insurance Agency - Auto, P&C, Homeowner, Life & Health

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Business Description

Profitable Insurance Agency For Sale in Las Vegas

For SALE! Confidential ALLSTATE Insurance Agency in Las Vegas, with 840 PIF, $1,200,000 in premiums and 83% retention rate. Earned commissions in 2016 $138,000. Growth opportunities abound for a new owner. Take your expertise and skills in the insurance industry to the next level. A new buyer will have the advantage of Allstate's exclusive agent education program that enables its agents to learn about agent management, prospecting and marketing, and how to leverage tech. Support will be provided from a local field sales leader. Allstate is a world leader in insurance products, and according to seller, this is an excellent time for expansion and growth in the Las Vegas Valley. For fastest response to your inquiry, call George Karas at 702-290-9120 or use this ad's email reply.

Listing Agent: George Karapanagioeides - Phone: 702-290-9120

Detailed Information

Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
1 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 1,200 square feet with a Total Monthly Rent of $1,656. Seller is active in the business with 1 PTE. Hours of operation are Mon-Fri 9am-5pm. P&C, Life, Health and Business Licenses required. FF&E $20,000; Leasehold Improvements $5,000
Financing:
$185K Down Payment and Seller will carry balance for 12 months @ 6% interest
Support & Training:
Training by Allstate
Reason for Selling:
Personal
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(from currently available funds)
 
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George "Karas" Karapanagioeides

Business Listed By:
George Karas

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Sponsoring Broker:
Jeff & Linda Nyman

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