Insurance Agency with Immediate Renewable Income

Hamilton County, IN

Seller Financing Available
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Asking Price: Get Financing: $533,452

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $22,600

Inventory: N/A

Lease Rate: N/A /SF

Established: 2007

Insurance Agency with Immediate Renewable Income

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Business Description

This Allstate Branded Agency has been a pillar in the community for the past 10 years. North of the Indianapolis Loop in Hamilton County. High customer retention that has been steady and predictable for years. It is located in a very visible strip mall with easy parking. Earned Written Premium approximately $2,075,692

Detailed Information

Real Estate:
Leased
Building SF:
899
Lease Expiration:
9/23/2019
Employees:
1 needs 4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Will negotiate what is sold. Looking for buyer who is interested in taking over office space and continue existing lease. Office furnishings and equipment are available which includes in house mailing equipment (printer, folding machine, metering machine).
Competition:
Located at the corner of major intersection in a prime location in Carmel Indiana. The location is in a shopping plaza with easy access and plenty of parking. A lot of our business is generated from in house mailings, referrals, return/win-back business, and agency website.
Growth & Expansion:
Due to size of book, it has a strong potential for growth and hence does not require much to maximize Allstate’s bonus programs and award trips. Agency has a strong customer loyalty base which helps with referrals and win-back customers. Agency is also is meeting current on business goals for Allstate Financial Services.
Financing:
Yes - Terms are Negotiable
Support & Training:
Owner is willing to stay on board and help with a smooth transition. Conditions of staying on board would be negotiated based on the conditions of the sale. Allstate has a comprehensive training that is free to the owner and staff.
Reason for Selling:
Seeking other opportunities
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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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