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  • RE:  $5M Allstate Agency In Homestead, FL(BW)
  • Contact:  Ralph Cummings

Quick Facts

Asking Price: $1,310,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 3
BBN Listing #: 917564106
Broker Reference #: 2323FLBW

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Business Overview:

This is an established $5,000,000-premium Allstate Agency in a prime location for 20 years. It is a turnkey agency with trained staff who are both P C and Life licensed. In addition to the commission, various bonus programs are available through Allstate that can boost revenue. The agency consists of auto and homeowner customers with opportunities for growth in cross-sales and life and financial services. The agency has an excellent retention ratio of 88.74% and a profitable loss ratio of 40.24%. Both ratios are key to earning an annual bonus along with growth.

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Property Features and Assets:

Location Available: Yes Rent/Lease Terms: Lease Rent/Lease Rate: $2,000 per month F&E Available: Included except for some personal items Years in business: 33 Location Photos: On request

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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