$8.3M Allstate Agency in Yonkers, NY

Yonkers, NY (Westchester County)

Asking Price: On Request
Business For Sale Details
Listed on Nov 29, 2022

Well Established Agency in desirable bustling Westchester County. The Agency Owner who is retiring, is a
perennial Allstate Award Winner, with outstanding established customer relationships. The Auto book is 99.8 % preferred and the Property book is primarily Homeowners and Condos. The Agency is uniquely positioned for growth with three licensed professionals, and two additional support staff people. It has an excellent Retention ratio of over 90% and very profitable Loss Ratio below 50%. This Agency definitely offers a great opportunity to grow in cross sales as well as life and financial services. If you are looking to own your own business in an area immersed in opportunity.


Location Available: Yes
Rent/Lease Terms: Current Lease Expires 10/24
Rent/Lease Rate: Negotiable
F&E Available: Furniture and equipment to convey
Years in business: Over Forty Years
Location Photos: Available on request
Current Agency Staffing: Three Licensed Staff and Two Experienced Support Staff to
stay!

Asking Price: Disclosed after fully executed NDA
Annual New/Renewal Revenues: $836,000
Earned Premium: $8,322,000 Allstate $1,234,000 Brokered
Bank Financing Available: Local and National Referrals available on request
Seller Financing Available: Negoitable
Detailed Financial Reports: Confidential until NDA signed

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Financials (USD)

Asking Price Not Disclosed

Cash Flow $836,000

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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