Bronx, NY Allstate Agency Available!
New City, NY
| Asking Price: | $768,600 |
| Gross Revenue: | $376,000 |
| Established Year: | 1998 |
| Cash Flow: | $209,800 |
| Rent: | $400/Month |
Listing ID: 2281769Listing provided by BizBuySell
BUSINESS DESCRIPTION
Just Listed! "Pro" Allstate Agency, Bronx New York!
This $3.8 million Established Allstate Agency in The Bronx, NY is a perfect entry level business for someone interested in purchasing one of the best small business opportunities in America with the most recognized name in the industry, Allstate! It boast excellent Retention Economics at 91% due to the preferred Auto, Home, Renters and Condo customer base. Profitability is also stellar at 31%. The Agency is staffed with two experienced licensed sales professionals who will transition with the sale. The overhead is low, as this is a virtual office with rent coming in at only $400 per month.
DETAILED INFORMATION
Location
New City, NY
Inventory
Included in asking price
Real Estate
Leased
Employees
2
Facilities
This is a virtual hub office location and can be relocated to a physical storefront office per Allstate's guidelines.
Competition
Insurance Industry. Allstate will provide specific proprietary details on market competition and products.
Growth & Expansion
Cross sells to existing customers as well as new business developed from Allstate's marketing and prospecting campaigns available to all agents through Agency Gateway.
Financing
Preferred Lenders available upon request.
Support & Training
Proprietary Pre-appointment training through Allstate University, Agency Establishment Manager, Market Sales Leader, Agency Support Team. Seller will provide transition assistance as well if desired.
Reason for Selling
Owner is an Entrepreneur who sold a business prior to this Agency acquisition an
Franchise
This business is an established franchise
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