Los Angeles, Los Angeles County, California, United States
Business For Sale
Business For Sale Details
Updated on February 15, 2022 at 11:57 pm
Property ID: allstatesb
Building: 1300 sq. ft.
Type: Insurance Agency
Status: Business For Sale
Revenue (Annual): $250,001-$500,000
Cash Flow (Annual): $100,001-$150,000
Lease Expiration: 08/30/2024 – Landlord will do new long-term lease. Very flexible and great to work with.
Year Established: 2017
Revenue (Yearly): 375,000
Cash Flow (Yearly): 132,000
Agency Earned Premium is $2,242,440 Policies in force: 1259
Allstate insurance provides insurance products and policies to 16 million+ households nationwide. Traditional and e-surance options include auto and home insurance, life insurance, voluntary health, and accident insurance, as well as retirement and investment products. As of 2014, there were almost 12,000 Allstate agencies and financial specialist across the country. The company’s growth shows no signs of slowing, so owning an Allstate insurance business could be the perfect solution to achieving your financial goals.
Family-owned award-winning agency since 2017, consisting of a preferred personal & commercial insurance such as auto, homeowners, life, and business insurance base with high retention and profitable loss ratio and loyal customer base. Agency located in a busy intersection and a highly desirable location in South Bay, Los Angeles County, CA. Office space is (1300) Sq. ft with (2) private offices, breakroom, bathroom, supply room, reception area with several workstations, easy access from parking lot, and great Allstate signage visibility from all directions. The owner is semi-hands off and has trained her staff to manage all day-to-day aspects of the business. There is an online phone system, CRM with many leads, and daily customer service task schedule to streamline business activities. The owner provides internet and data leads for sale staff.
Potential to increase revenues through new and renewal commissions and has significant bonus earning opportunities. A turnkey operation with tenured staff, multi-household customers and compelling earning potential. The agency also provides DMV registration services to the public, another source of income and excellent cross-sell opportunity for agency owner and staff! All included in asking price.