$6.5M Allstate Agency in Milford, OH

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.


Well-established 20 yr agency in Milford, Ohio, which is right outside of Cincinnati.
Only minutes from major shopping center with plenty of visibility from main street.
Well-managed, seasoned staff to likely transition to new owner. 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.