Allstate Insurance Agency #2

 

FINANCIAL INFORMATION

Asking Price: $825,000

EBITDA: $295,000

Gross Revenue: $388,169

Cash Flow: $295,155

FF & E: $25,000

Inventory:

Financing: Yes

 

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.

 

Details

Home Based:

No

Franchise:

Yes

Distressed:

No

Relocatable:

No

Real Estate Available:

Yes

Days Open:

5

Full Time Employees:

1

Is Management Staying:

Yes

Year Established:

1972

Year Acquired:

2011

Willing To Train:

Yes

Is Property Leased:

No

Real Estate Included:

No

Hours Open:

9 AM - 5 PM

Part Time Employees:

0

Building Size:

1000 sq ft

 

doreen_190x175

Doreen Morgan

Owner and Managing Director 

770-936-9099 x800

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