$1.5M Allstate Agency in St. Peter's, MO (H)

Established $1.5 million ECP agency in dynamic and growing St. Peters, MO, just outside of St. Louis. 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.

Location Available: The office is in a professional complex with high traffic, good visibility and signage; approximately 1,620 sq ft with 7 workstations. Neighboring businesses include Financial Services, Chiropractor, and Insurance.

Rent/Lease Terms: 3-year lease with renewal options, current lease expires Sept. 2023
Rent/Lease Rate: $1,620 per month
F&E Available: Furniture and Equipment convey
Years In Business: Almost 2 years in this location
Location Photos: Available upon request
Current Agency Staffing: Three seasoned sales professionals with one customer service.
Asking Price: $295,000
Annual New/Renewal Revenues: Confidential until signed NDA received
Earned Premium: $1.2 Million
Bank Financing Available: Local and national lender referrals available upon request
Seller Financing Available: If necessary, terms negotiable; Satisfactory collateral required
Detailed Financial Reports: Confidential until signed NDA received