$7.7M Allstate Agency in St. Petersburg, FL

St. Petersburg, FL (Pinellas County)

Asking Price: On Request

Business For Sale Details

Listed on Nov 15, 2023

LOCATION
Company Allstate
City/State: Saint Petersburg FL
County: Pinellas
Zip Code 33707
Location Available: YES
Rent/Lease Terms: 2 Year lease
Rent/Lease Rate: $890 per month

F&E Available: Yes

Years in business: 10 Plus

Location Photos: With Signed NDA

Current Agency Staffing: With Signed NDA

FINANCIAL
Asking Price: $ 1,650,000

Annual New/Renewal Revenues: $ 768,115 (2022)

Earned Premium: $ 7,740,000 PLUS

Bank Financing Available: Yes we can refer Lenders

Seller Financing Available: No

Detailed Financial Reports: With NDA

GENERAL INFORMATION
Great opportunity to purchase an Agency in beautiful Saint Petersburg FL. This Top Producing Elite Agency has a well-trained and licensed staff who all work remotely. Agency is on pace to add $500,000 in premiums this year. Loss ratio is 48.78% and auto retention is 87. 19% truly a great TURNKEY opportunity.

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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