$1M Allstate Agency in Odenton, MD

Odenton, MD (Anne Arundel County)

Asking Price: $241,000
Business For Sale Details
Listed on Feb 9, 2023

Established ~$1million agency in beautiful Odenton, MD; just 20 minutes south of BWI airport
and less than one hour away from D.C! Agency consists of a preferred auto and homeowner
customer base with excellent opportunity for growth in cross sales as well as life/financial
services. This agency sale creates a wonderful opportunity as it is a turnkey operation. The
current owner is available to assist with transition and guidance.

Office space is located in a retail strip center with great visibility and
signage. The office has a total of 1,069 square feet with a Dental Office, Barber shop, Nail and
spa salon, Veterinary office, 2 Restaurants, AND the local Chamber of Commerce as neighbors.
Rent/Lease Terms: 5 year Lease expires September 30, 2024. There is option to sublease with
the approval from landlord so just the book purchase itself without taking over the space.
Rent/Lease Rate: $2,100/month

F&E Available: Furniture and equipment will convey.
Years In Business: 3 years
Location Photos: Available upon request
Current Agency Staffing: One owner/agent

Asking Price: $241,000
Annual New/Renewal Revenues: Confidential until NDA received
Earned Premium: $979,266
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

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Financials (USD)

Asking Price $241,000

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? No

Franchise? No

Management will stay? Available On Request

Relocatable? No

Real Estate? No

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