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North San Antonio Texas Business for Sale

North San Antonio Allstate Insurance Agency

North San Antonio, Texas
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 at 210-348-8989 or info@bbofsa.com.

Financials

Price: $295,000
Gross Income: $1,496,000
Cash Flow: $80,903
FFE: $6,000
Inventory: $0
Real Estate Value: $0
Source Data:

About the Business

Listing ID: #S272
Year Established: 2001
Financing: Seller will negotiate financing
Training: Seller will provide training
Facilities: 1,000 sq. ft. building
Competition:
Growth:
Business Listed By
Name: Bob Howells & Doug Scheiding
Company: Business Brokers of San Antonio
Phone: 210-348-8989

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listings by: Bob Howells & Doug Scheiding

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