$11M Allstate Agency in Gardnerville, NV (H)

LOCATION
Company: Allstate
City/State: Gardnerville, NV
County: Douglas
Zip Code: 89410
Location Available: Offices are located in a historic building that was once an old brick hospital in the early 1900s. Total area is approximately 1,800 square feet. Neighboring businesses include a Mortgage Broker, Real Estate agents and an Accountant.
Rent/Lease Terms: Lease is a month to month but can likely be converted to a longer term.
Rent/Lease Rate: Rent is $1,850 per month.
F&E Available: Furniture and equipment convey.
Years In Business: 38
Location Photos: Available upon request.
Current Agency Staffing: Staff consists of 2 customer service reps, 3 sales reps and 2 part-time hybrids.
Asking Price: $2,500,000
Annual New/Renewal Revenues: Confidential until NDA receieved
Earned Premium: $11M plus brokered book
Bank Financing Available: Local and National lenders available upon request
Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required
Detailed Financial Reports: NDA required

Established turn-key agency nestled in the historic Carson Valley on the Eastern border of Lake Tahoe. It has over $11M in earned premium that consists of a preferred auto/homeowner customer base plus a brokered book! Excellent opportunity for growth in cross sales as well as life/financial services. The current owner is available to assist with transition and guidance. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won’t last long on the market!