$11 Mil Allstate Agency in Lake County, Florida

Leesburg, FL
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Asking Price:$2,400,000
Established Year:1985
Gross Revenue:$924,000
BUSINESS DESCRIPTION

Great opportunity to purchase one of the best “ELITE” agencies in the Central Florida area. This is a 39 year agency and has 5 full-time staff. $7,600,000+ Allstate Premium and the remaining book consists of Brokered Property ($3,400,000). Renewal ratios are excellent in both Auto (87%) and Property (84%). In addition to having excellent current results, this agency is well positioned for continued growth and can be leveraged to maximize the Allstate compensation & bonus programs. Current revenue does not include Annual Bonus which can exceed $100,000+ for new owner. Owner willing to assist with transition. This is a great opportunity to own a high quality book of business in a very desirable area.


DETAILED INFORMATION
Location
Leesburg, FL
Inventory
Not Included in asking price
Employees
5
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Gary Holmes
Gary Holmes