Nassau County Allstate Insurance Agency – Existing Book of Business

Nassau County Allstate Insurance Agency – Existing Book of Business

Price: $575,000

Location: Nassau, New York

Industry: Insurance, Financial

Listing ID: 968

Exciting opportunity to own an existing profitable Allstate Insurance Agency.

This Long Island Allstate book of Business currently generates $2.5M+ in premiums with an Annual Cash Inflow of $369K. Annual Net Income is approximately $90K. Enhanced commission support for next 10 months from the start date.

Why become an Allstate Agency Owner?

•You won’t pay any franchise or royalty fee.

•You own equity in the business you build.

•Earn repeat revenue from policy renewals.

•There are no caps on earnings

•Receive high competitive commissions, recognition and production incentives.

•Diverse portfolio of insurance products from auto and home to home and life to business.

•Allstate Agency Owners have one of the most recognizable and trusted brands in the US providing support.

This a great opportunity for an insurance professional looking to grow their insurance business and align themselves with a trusted leader in the industry.

Education reimbursement available from Allstate for qualified candidates.

Financing is also available qualified Buyers.

Contact me ASAP for more details about this agency and information about our next Allstate ownership overview event.

Listing Details

Revenue: $2,500,000

Cash Flow: $369,684

EBITDA: $90,108

Training & Support:

Available

Operation

Non-Owner Payroll: $3,780

Location

Monthly Rent: $ 2,400

Summary

Owner Qualifications:

Insurance License: Life, Auto & Property Casualty (Not needed to start, licensed can be earned after)

Potential Growth:

Premium projected to grow to $3.8M by year four

Financing/Terms:

Financing available for qualified Buyers.

Kyle Griffith

kyle@nybbinc.com
(631) 339-0249
Address:
The NYBB Group
25 Melville Park Road Suite 216 Melville, NY 11747

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