Rankin County Allstate Agency Available

Executive Summary

This $3.8 million Established Allstate Agency in Rankin County 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! It boasts 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.

Location: Rankin County (MS)
Year Established: 1998
Number of Employees: 2
Franchise: Allstate
Rent: $400.00 Per Month
Facilities: This is a virtual hub office location and can be relocated to a physical storefront office per Allstate's guidelines.
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.
Reason For Selling: Owner is an Entrepreneur
Training/Support: 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.

Listing ID: 1912

Asking $790,000
Gross Revenue: $376,000
Cash Flow: $209,800
EBITDA: Not Disclosed

Very low overhead

Excellent profitability

100% remote. No relocation needed!

What's included in info kit:

3 yrs tax returns

2 yrs P&L

Loss Runs

CIM (Confidential Information Memorandum)