Listing Details:

  • Business Category:            Insurance
  • Price:                                           $479,000
  • Gross Revenue:                    $190,941                                   
  • Location:                                   South East Metro Twin Cities
  •  FF&E:                                          $5,000
  • Employees:                               1
  • Reason for Selling:               Change Industries
  • Support & Training:                 4 weeks
  • Non Compete:                            50 miles for 5 years
                                                                     

Business Description:

Allstate agency is turnkey and set for the new owner to take over and grow the business. Experienced licensed staff, Life insurance specialist, software and a high client retention rate are all in place.

The agency was started over 40 years ago, with the current agent buying the business in 2006. Being part of the community, adding strong long term clients, with multiple polices per household. This business averages 2.25 polices per household and 80 percent of the client have multiple policies.

Awards won by this agency include; Honor ring, client loyalty, century club.

A long term relationship with a life insurance and financial service specialist allows this agency to sell life insurance and financial services to their clients.

This agency uses E agent software, to follow up with and retain client long term. This will put the new owner in a great position for a strong client transition.

Allstate is one of the strongest brands in the industry. Join an industry  with products and services everyone and every business is required to have and needs. Build a residual income.

There is excellent growth potential in this business. According to Allstate the top 10 % of Allstate agency owners have $ 500,000 or more in revenue.

Business History:

Agency started 1985, Current agent started as an agent in 1993, and purchased the agency in 2006.

Growth Potential:

Hire sales producer to sell Property and Casualty.

Operating Hrs:

  • Office hours; 9 to 5

Number Employees: 

  •  Full Time 1 Licensed agent, 6 years with agency.
    Knows the clients and business very well. Employee knows the agency is for sale and is looking forward to staying with the new owner.
  • Part Time 1, Life and financial representative Allstate employee, Allstate pays direct, the agency gets a commission when this life and financial specialist sells a policy. Excellent long term referral relationship in place.

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