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East Windsor, CT Allstate Agency!

East Windsor, CT
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Asking Price:$650,000
Established Year:2011
Listing ID: 2222643Listing provided by BizBuySell
ASSET SALES DESCRIPTION

Price Reduced! Allstate Pro Level Agency Available!

Established Allstate "Pro Level" Agency is located in the East Windsor, Connecticut market area! This $3,043,000 Million earned premium agency is comprised of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life and financial services. Excellent profitability and Retention! Good potential to increase revenues through higher new business comp program & renewal commissions as well as performance bonus based on growth, retention, etc. Experienced, licensed staff is open to transition with the sale while the current owner is open to a short term transitionary consulting relationship if desired. Excellent Cash Flow! Gross Income is $414,000, and Normalized EBITDA is $301,000 (with non-discretionary fixed operating expenses).

DETAILED INFORMATION
Location
East Windsor, CT
Facilities
Fully functioning ongoing Agency operation with professional staff open to transition with the sale. Lease is month to month, and Office location may be relocated if desired. Current Owner is willing to provide transition consulting.
Financing
Negotiable
Support & Training
Allstate University, Market Sales Leader along with Agency Establishment and New Agency Support.
Reason for Selling
Returning full time to Real Estate business.
BUSINESS LOCATION
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Kirk Price
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Kirk Price
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