North San Antonio Allstate Insurance Agency For Sale

Business description

Established Allstate Agency providing services to the North San Antonio area. Located in a fast growing area with many residential neighborhoods nearby. Policies offered by this agency are Home, Auto, Life and Health, and Commercial Insurance with over 1,140 policies in place. The business has a retention rate of 86% and penetration of 1.94 policies per household leaving plenty of room for growth.

This is a perfect opportunity for someone to get into the insurance industry or if relocating this is an excellent book of business to build from. You should have or be willing to obtain P&C, and Group-1 Life & Health licenses as well as SEC Series 6 & 63 licenses. Allstate provides 5 weeks of training to new owners.

There are two key employees willing to stay on with the business. The owner is retiring after having some health issues and is willing to train the new owner for a smooth transition.

This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Doug Scheiding.

Property information

Real Estate:

Lease

Lease terms:

$2,500 per month

Location:

1,000 sq. ft. building

Size in square feet:

1,000

Other information

Support & training:

Seller will provide training

Reasons for selling:

Retirement

Trading hours:

Monday-Friday

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller willnegotiate financing

Furniture / Fixtures value:

$6,000 (included in the asking price)