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Description

OFF-MARKET ‘Q2

Allstate Insurance Book of Business – Excellent Retention!

Greenwood, IN (Johnson County)

Asking Price:                    $70,000

Cash Flow:                        TBA – Depends on Buyer’s approach.

Gross Revenue:               $118,521

EBITDA:                            TBA

FF&E:                                 Included ($20k)

Inventory:                        N/A

Established:                     2019

Employees:                      None

 

Business Description

Profitable P&C book of business for sale.  392 policies in force, very high retention, a mix of home and auto policies.  Well located and built out office with room for a full staff of agents and supporting staff.  Existing Allstate agents are also able to buy this book and take advantage of this well-located and well-appointed office. New agents must be licensed or close to completing licensing in Indiana.  Population density is higher in the area than it is for the state of Indiana.  Median age is 35, and a majority are married, homeowners, and employed. The demographics of the area support the success of the business.  Turnkey opportunity, Seller spent $20k on buildout – has 5 workstations for you to walk in and make money!  NDA {SUBMIT BELOW} required for initial due diligence package.

 

Detailed Information

 

Facilities:            Office is 1065 sf in a prime location with high street visibility and ample parking.  Rent is 750 per month, and lease can be assigned with approval of landlord.

Competition:      The insurance industry competitive landscape is highly fragmented.  Provide a high level of customer service and consistent marketing efforts to succeed in this marketplace.

Growth & Expansion:  Primarily a renewal book with online self-service available for current customers.  Take care of the book and utilize marketing resources provided by the carrier as well as your own sales acumen to grow this agency.

Support & Training:        As needed.

Reason for Selling:          Other opportunities

Financing:                         Seller will carry a percentage with the right offer

Contact info

Pronova Partners

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