Insurance Agency with Growth Potential

Mason, OH (Warren County) (Relocatable)

Seller Financing Available
Insurance Agency with Growth Potential
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Asking Price: Get Financing: $136,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $3,500

Inventory: N/A

Lease Rate: $1,208 /Month

Established: 2012

Insurance Agency with Growth Potential

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Business Description

This Allstate Branded Agency has a strong presence in the town of Mason, Ohio. This is a turnkey agency with a portfolio that holds approximately $733,000 in earned premium with good retention. It qualifies for Allstate Enhanced Compensation Plan and new owner will benefit significantly from the increased commission available to small book and start up model agencies. The agency will remain a branded Allstate agent. 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. Think of this agency has a stepping stone to the start of a successful financial future!

Detailed Information

Real Estate:
Leased
Building SF:
855
Lease Expiration:
3/2/2018
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two office desks, guest chairs and file cabinets, and printers.
Competition:
Pros: The agency has built strong customer relationships with the families in the surrounding area which has strengthen their retention over the years. The agency is located off one of Mason’s high traffic roads which increases the exposure. 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…
Financing:
Financing is Negotiable
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:
Personal Reasons
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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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