NEW PRICE! Allstate Agency in Kent County, DE
Kent County, DE
| Asking Price: | $550,000 |
| Gross Revenue: | $345,000 |
| Established Year: | 2005 |
| Cash Flow: | $90,000 |
| Rent: | $2,000/Month |
Listing ID: 2163265Listing provided by BizBuySell
BUSINESS DESCRIPTION
This stable, 18 year old, Elite-level Allstate agency with a $2.75M book is ripe for a new owner with a great opportunity for growth. Retention is rising and loss ratio is falling in this gem of an agency. Bonus level was achieved both in 2021 and in 2022.
DETAILED INFORMATION
Location
Kent County, DE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
01/09/2024
Employees
3
Facilities
Two story stand-alone office building with 1400 square feet. Prominent location with great road frontage at two state highways.
Financing
Seller is willing to finance up to 20% of the purchase price.
Support & Training
Three licensed sales producers included with two being remote. Producers include one full time sales producer, one full time service agent and one hybrid producer who focuses on life sales as well as P & C service. Training provided by Allstate. World Class training available from Craig Wiggins Coaching & Consulting, Inc.
Reason for Selling
Exploring other ventures
Franchise
This business is an established franchise
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