Highly Profitable, Turn-Key & Well Established Allstate Agency!

Ridgeland, MS

Seller Financing Available

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Asking Price:$440,000
Gross Revenue:$180,814
EBITDA:$131,788
Established Year:2004
Cash Flow:$131,788
Rent:$750
FF&E:$12,000
BUSINESS DESCRIPTION

High profit 20 yr+ agency with turn-key operations + upside!

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This is a top performing agency with well established turn-key operations already in place for a buyer to take advantage of and grow!

Take advantage of this exceptional opportunity to own a locally established, top performing agency in a superb location! The agency has grown through a combination of organic growth and referrals. It has developed into a full-service agency offering personal P&C as well as commercial products and services. During the past 10 years the agency has grown to over $1,500,000 in premium volume while maintaining excellent loss ratios. Today, the Company has one location in Ridgeland. It is an excellent opportunity for an individual buyer looking to break into the Allstate space or a larger agency looking for a consolidation opportunity of a top performing book with excellent retention.

Key Features:

- Turnkey operation
- Excellent profitability
- Opportunity for cross selling to increase revenue on day one

Don't miss out on this chance to own a thriving agency with a proven track record of success. Whether you're an experienced entrepreneur or a first-time business owner that could use the support and structure of one of the top insurance carriers in Mississippi (Allstate), this opportunity offers excitement and profitability with plenty of opportunity for growth.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
29/11/2025
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company's branch location is strategically located in the Ridgeland just off of Highway 51. Ridgeland is an affluent suburb of Jackson, the state's capital. This is a very strategic business hub of the south and central MS.
Growth & Expansion
The current owner has well established lead systems and marketing efforts that can easily be scaled up to grow the book. Additionally the book has a major opportunity for cross selling.
Financing
Seller is willing to finance a minor portion
Support & Training
Owner is willing to stay on for the transition with no consulting agreement needed.
Reason for Selling
Retirement
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Graham
Laseter
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Graham Laseter