Pro Allstate Agency for Sale in East Windsor, CT

East Windsor Hill, CT (Capitol Planning Region County)

Asking Price: $827,862

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Business For Sale Details

Listed on Mar 7, 2024

Established Allstate "Pro Level" Agency is located in the East Windsor, Connecticut market area! This $3,043,000 Million earned premium agency is comprised of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life and financial services. Excellent profitability and Retention! Good potential to increase revenues through higher new business comp program & renewal commissions as well as performance bonus based on growth, retention, etc.

City, County and State: East Windsor, Hartford County, Connecticut
Written and Advance Earned Premium: $3,043,000
Gross Revenue: $447,000, Including Brokered and Annual Bonus
Normalized EBITDA: $301,000
Fixed Operating (Non-discretionary) Expenses: $112,194
Lease terms are month to month
Rent amount: $17,639 (Virtual Office setup)
One Licensed Sales Producer open to transition with the sale
All existing Furniture and Equipment to convey excluding personal items
Seller Financing: Negotiable
Asking Price: $827,862

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Financials (USD)

Asking Price $827,862

Cash Flow $447,000

Sales $3,043,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? No

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