$2,500,000.00
Asking Price
Address: Milford,
Status: Active
Posting ID: 283650
11/1/23
Description
For sale is a well-established 20-year agency in Milford, Ohio, which is right outside of Cincinnati. It is only minutes from a major shopping center with plenty of visibility from the main street. It is well-managed, seasoned staff to likely transition to a new owner. It is approximately $6.5 million in total premium that consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow.
Company: Allstate
City/State: Milford, Ohio
County: Clermont
Zip Code: 45150
Location Available: Office location is around 1 block away from a major intersection/shopping center with great signage and visibility from main street.
Rent/Lease Terms: Originally was 5 years. Last 7 years have been month to month
Rent/Lease Rate: $675/Month
F&E Available: One Meeting room and 6 Workstations
Years In Business: In business for 20 years and in this location for 12 years
Location Photos: Available upon request
Current Agency Staffing: 4 Producing staff members. 2 Focus on service and 2 on sales. All licensed, 3 with L/H licenses. They are long term employees and they will likely transition with the new owner!
Asking Price: $2,500,000
Annual New/Renewal Revenues: Confidential until NDA signed
Earned Premium: $6,500,000+ Brokered Book
Bank Financing Available: Local and National lender referrals available upon request
Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required.
Detailed Financial Reports: NDA required.
To get more information about this Allstate Insurance Agency - Well Established business for sale in Milford please phone Ralph Cummings at 919-694-0843 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283650 on BizBen.com. In addition to phoning Ralph Cummings, make sure you email Ralph Cummings above to get more info about this Allstate Insurance Agency - Well Established, to ask any questions or request an appointment to see this business for sale. Thank you. Energia Partners.
Contact
Details
Asking Price: $2,500,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: Call/Email
Area: Milford
City: Milford
Attributes:
My Notes About This Listing
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Cash flow
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Down
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