Last Revised: 11/22/19. Posting #: 10249027
Key Words: allstate, all state, insurance, insurance agency, allstate insurance, allstate insurance agency, franchise, nassau
Financial Info: Asking Price: $575,000. Cash Flow: $369,684. Gross Revenue: $2,500,000. EBITDA: $90,108. Growth & Expansion: Premium projected to grow to $3.8M by year four.
Profile: Exciting opportunity to own an existing profitable Allstate Insurance Agency.
This Long Island Allstate book of Business currently generates $2.5M+ in premiums with an Annual Cash Inflow of $369K. Annual Net Income is approximately $90K. Enhanced commission support for next 10 months from the start date.
Why become an Allstate Agency Owner?
•You won’t pay any franchise or royalty fee.
•You own equity in the business you build.
•Earn repeat revenue from policy renewals.
•There are no caps on earnings
•Receive high competitive commissions, recognition and production incentives.
•Diverse portfolio of insurance products from auto and home to home and life to business.
•Allstate Agency Owners have one of the most recognizable and trusted brands in the US providing support.
This a great opportunity for an insurance professional looking to grow their insurance business and align themselves with a trusted leader in the industry.
Education reimbursement available from Allstate for qualified candidates.
Financing is also available qualified Buyers.
Contact me ASAP for more details about this agency and information about our next Allstate ownership overview event.
Location: Nassau County, NY
Growth & Expansion: Premium projected to grow to $3.8M by year four.
Support & Training: Available
Franchise: This business is an established franchise.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Anthony is a CPA, Certified Merger & Acquisition Advisor (CMAA) and is the founder of The NYBB Group, LLC. (New York Business Brokerage (2003) and NYBB Commercial Real Estate, Inc.). Anthony has a history as an entrepreneur having owned and operated several companies over the past 40 years.
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Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Key Words: postings, posting, peter siegel, advertising
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Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
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