Allstate Agency in Austin, Texas

Austin, TX

Seller Financing Available

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Sale Pending
Asking Price:$1,350,000
Gross Revenue:$600,000
Established Year:1997
Cash Flow:$360,000
Rent:$2,000/Month
BUSINESS DESCRIPTION

This well-established $6.4M book comes with $6,266,955 Allstate Written Premium and iVantage premium of $129,262. Central TX is growing very fast with a lot of new people moving here every day. The growth gives us a lot of new people to insure. Agency has 2 full time and 1 part time employees. This is a great opportunity in a fast-growing part of the US! Some seller financing available with acceptable offer.


DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
08/08/2024
Employees
4
Growth & Expansion
Located in a fast growth area of Austin
Financing
Up to 20% with acceptable offer
Reason for Selling
Owner is retiring
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Justin
Slocum
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Justin Slocum