Insurance Agency Allstate San Francisco

, California 3 views 0 favorites

Financial Highlights
Asking Price
$1,610,000
Revenue
$6,545,000
Business Description

This business is a "Captive Agency" Insurance that has been in existence for over 30 years. The seller has decided to retire. The Office Manager is staying with the Company along with the Sales Force. The Annual Gross Premium (Renewals + New Business) is $6,545,000. Gross income is over $585,000.The premium is made of 4 categories, P & C, Life, Health, & Commercial. This Insurance Company provides Annual Trips all over the world for Agents and their significant others, who meet production goals. The trips are completely paid for by the company. The Corporate Insurance Carriers also pays the agents on an Annual Bonus based on Casualty Production Retention, and Loss Ratios. The current employees would all stay with the new owner. Contact Dale Huffman at 714-928-5138 Location: San Francisco, California Year Established: 1992 Number of Employees: 2 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 800 Rent: $5,000.00 Per Month Facilities: This Agency is located downtown on a Corner Location in a 4 story building on the ground floor. Beautiful office facility. Market Outlook/ Competition: Allstate is a company that has competitive prices in all the insurance lines of insurance. Their advertising on TV and media exposure makes them one of the top companies in the country. They are known for quality Agents. Growth & Expansion: Growth can come from your existing accounts by cross-selling or the ability to purchase other agents that are selling.

Business Details
Industry:
Health Care & Fitness
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 22, 2022

Updated: 2 weeks ago

Views: 3

Favorites: 0