SFV Allstate: Healthy Growth-Positioned Book

Van Nuys, CA (Los Angeles County)

Seller Financing Available
SFV Allstate: Healthy Growth-Positioned Book
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Asking Price: $800,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 2006

SFV Allstate: Healthy Growth-Positioned Book

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Business Description

SFV Allstate: Healthy Growth-Positioned Book

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: https://www.pronovapartners.com/engagement/sfv-allstate-agency-for-sale/

This successful agency was built on the determination and hard work of the Seller who has spent a decade plus building relationships and helping protect what his clients value most.

Today, this consistent agency has 2,160 policies in force.
Historically, Allstate agency’s value has always been higher than independent agencies. The strong brand name and customer service commitment provides considerably higher retention rates for its agents. Referrals and cross-selling to the existing books of business are key revenue drivers.

NDA is required 'LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Location:
Van Nuys, CA
Employees:
2
Facilities:
The office rent is $1,900 per month. The lease expires in July 2022.
Competition:
Allstate corporate does a lot of advertising, leads primary marketing efforts, and provides marketing material to agencies. In so, it has developed a strong brand name that is associated with strong customer service and peace of mind. It also provides proprietary products not available on other Property and Casualty (P&C) policies that offer agents more sales opportunity. For instance, the new Milewise Auto Policy is available in California and only12 other states but not by any other major carrier.
Growth & Expansion:
Referrals from mortgage brokers and realtors and development of financial services and target Uber and Lyft drivers and people renting portions of their homes through Air B&B/VRBO as Allstate has specialized products through its expanded market partners for those customers that other carriers aren’t offering.
Financing:
Available if the price and deal structure is right
Support & Training:
Four weeks at 20 hours per week.
Reason for Selling:
Seller is looking to take his people skills to the real estate industry.
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Karen Rennick, MBA

Business Listed By:
Karen Rennick, MBA

ProNova Partners

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