Highly Profitable, Turn-Key & Well Established Allstate Agency!
Executive Summary
High profit 20 yr+ agency with turn-key operations + upside! 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.
Location: Ridgeland (MS)
Year Established: 2004
Number of Employees: 1
Franchise: Allstate
Rent: $750.00 Per Month
Facilities: Excellent location with assignable lease. Can be relocated if combined with another agency.
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.
Reason For Selling: Retirement
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: 2009
Asking $440,000
Gross Revenue: $180,814
Cash Flow: $131,788
EBITDA: Not Disclosed
Very low overhead
Excellent profitability
Relocatable
What's included in info kit:
3 yrs tax returns
3 yrs P&L
Carrier termination report
CIM (Confidential Information Memorandum)
Please note: When requesting information kit we require an NDA to be signed by all viewing parties. This will be sent via Docusign.
Listing ID: 2009