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Downtown Insurance 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 stationed in the heart of downtown Chicago. A true turnkey operation with a healthy residual income flow from the existing $695,000 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. Established storefront coming with seasoned sales staff with profitable sales numbers.
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 an elevated 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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