24 Jul Suffolk Allstate Insurance Agency – Existing Book of Business
Location: Suffolk, New York
Industry: Insurance Agency, Other Financial Services
Listing ID: 725
Exciting opportunity to own an existing profitable Allstate Insurance Agency.
This Long Island Allstate book of Business currently generates $1.6M+ in premiums with an Annual Cash Inflow of $271K. Annual Net Income is approximately $46K.
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.
Cash Flow: $46,080
Training & Support:
Non-Owner Payroll: $9,000
Monthly Rent: $ 2,500
Insurance License: Life, Auto & Property Casualty (Not needed to start, licensed can be earned after)
Premium projected to grow to $2.5M by year four
Financing available for qualified Buyers.