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- RE: $8.2M Allstate Agency In Philadelphia Suburbs, PA
- Contact: Ralph Cummings
Quick Facts
Asking Price: | $2,100,000 | |
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: | 1986 | |
Employees: | 5 | |
BBN Listing #: | 511964106 | |
Broker Reference #: | 2323PABW |
Business Overview:
This is a well-established, turnkey, 37-year legacy agency located in a convenient, desirable suburb of Philadelphia. It has a multigenerational customer base with excellent retention and loss ratios. This $8.2M earned premium agency consistent with preferred auto and homeowner policyholders with an excellent opportunity for growth in cross-sales and life/financial services.This is a great opportunity to take advantage of newly introduced variable comp on new business auto & property! Experienced, licensed staff are open to transition with the sale while the current owner is open to a short-term transitionary consulting relationship if desired.
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Property Features and Assets:
Location Available: Yes Rent/Lease Terms: Assume existing lease or execute new lease Rent/Lease Rate: $2,600 per month including CAM F&E Available: YesAdditional 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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