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2013 Opportunity: Established Agency For Sale
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1931
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Ongoing product, technology, claims, and marketing/branding support provided by company. New owner will undergo a thorough training course at Allstate's regional office prior to acquiring business. Ask Allstate rep for details.
Description Full-service, multi-line Allstate Insurance Agency for sale in greater Chicagoland (north). Above average retention, experienced staff, allowing the new buyer to in under a true turnkey operation. Healthy residual income flow from the existing $800,000 premium in force. Strong marketing/branding support from Allstate, with ongoing product, claims, technology and business consultation support to help new buyer grow operation from Day 1.
NOTE: This is a great opportunity for an outside buyer: due to the size of the agency, the new buyer will be appointed under Allstate's start-up contract, effectively allowing the new buyer to write new business at a much higher level, eligible for start-up bonuses, and other incentives typically only unique to a start-up agent. Ask Allstate rep for details.
Retention rate, average policies per household, monthly premium intake are undisclosed.
Please note: consultation with an Allstate rep required prior to introductions. Allstate will not get involved in the negotiation, terms or conditions, but initial discussion, application & assessment REQUIRED prior to seller introductions. If you meet the below criteria, call Jim McCarthy, Sr. Recruitment Consultant in Allstate's Agency Deployment team at 847-402-2703.
Candidate Requirements:
The best agency owners are self-driven, analytical thinkers who know how to juggle the intensive responsibilities of sales management, client priorities and small business needs.
-5-10 years experience in sales, business or management, start-up experience a plus
-Successful completion of background check and pre-employment assessments
-Appropriate capital to purchase an established business (minimum: $50k)
**Gross revenue and cashflow set at 0 because they are undisclosed.
Click Here To Contact Seller
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