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INSURANCE AGENCIES

50 year Allstate Agency Available Due to Owner Retirement

Harris County, TX

$2.9M
Asking Price
$1.2M
Revenue
$774K
Cash Flow

Overview

  • Picture is not the actual location. It's just a representative example. Allstate requires the purchaser to be an owner/operator so no strategics, P/E's or absentee owner arrangements. Must live in the Houston area and the first step is getting approved by Allstate management before personal information will be released. I will assist you through all steps of the process. MUST have at least $300,000 to put down to qualify for an SBA loan PLUS working capital. Cannot finance working capital needs of $100,000. Priced based on no owner financing and price is firm as we get tremendous interest in these listings. It's extremely difficult to find large agencies for sale. These numbers don't include another $480,000 that falls to the bottom line by maximizing the bonus opportunity.

Key Details

Year Established1970
StateTX
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