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Financial Information

Asking Price: $825,000

EBITDA: $295,000

Gross Revenue: $388,169

Cash Flow: $295,155

FF & E: $25,000

Inventory:

Financing: Yes

Business Location

Description

In business since 1972, this multi-generational Allstate Agency maintains a $3.8 million dollar book of business and a 5- plus year client retention rate of over 87%. Located in a beautiful, and rapidly growing area in Tennessee.  The current owner is ready to relocate to the coast and buy an Allstate Agency there.

REASON FOR SALE

The current owner is ready to relocate to the coast and buy an Allstate Agency there.

facilities

1,000

Details

Home Based:
No
Year Established:
1972
Franchise:
Yes
Year Acquired:
2011
Distressed:
No
Willing To Train:
Yes
Relocatable:
No
Is Property Leased:
No
Real Estate Available:
Yes
Real Estate Included:
No
Days Open:
5
Hours Open:
9 AM - 5 PM
Full Time Employees:
1
Part Time Employees:
0
Is Management Staying:
Yes
Building Size:
1000
Listing ID:
SA1532

Doreen Morgan

Owner and Managing Director
770-936-9099 x 800

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