Allstate Insurance Agency #1

 

FINANCIAL INFORMATION

Asking Price: $345,000

EBITDA: $71,000

Gross Revenue: $156,000

Cash Flow: $71,000

FF & E: $21,000

Inventory:

Financing: Yes

 

DESCRIPTION

In business since 1997, this Allstate Agency maintains a $1.5 million dollar book of business and a 5- plus year client retention rate of over 91%. Located in a beautiful, and rapidly growing area in Tennessee.  The business has provided the current owner with a very nice lifestyle and he is ready to retire.  The current office manager will stay on post-acquisition.  The Seller owns the condo that offices the Agency and this is available for acquisition as well for $325,000.

REASON FOR SALE

Retirement

 

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:

1997

Year Acquired:

1997

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

Listing ID:

SA1530

 

doreen_190x175

Doreen Morgan

Owner and Managing Director 

770-936-9099 x800

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