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Asking Price$8,000,000
Revenue$3,000,000 Established2011
Cash FlowUndisclosed Employees1 full-time
FF&EUndisclosed FranchiseYes
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Main street appeal in a greater Cleveland (Western Suburb)!  This agency is nestled in a growing Middle Eastern community and it continues to benefit from influx to the area and steady stream of referrals within the community.  High customer retention and the space has plenty of room for additional staff as there are two connecting offices and one side is being used for storage.  

Current owner would like to retire.   Current lease arrangement is month to month and new owner will need to negotiate terms with the property manager if planning on staying in the space.     Ample parking behind the building and metered parking in front of the store.  Location is well situated!  Currently has 1 staff member who may stay on.  Allstate corporate will want the new owner to add additional staff and Allstate does provide recruitment support to its new and existing owners.    This is a new listing and Allstate does anticipate a lot of interest as the size of this book qualifies for their enhanced compensation plan.

Allstate agency owners are true independent business owners who own the economic interest of their business from day one.   All pricing negotiations will occur between buyer and seller directly as per Allstate’s contract terms with their agents meaning that Allstate will not be involved in the buyer seller negotiations but does have final approval.    In addition, Allstate does not collect any funds and does not charge any franchise fees or royalties to operate under their brand name.  However, to protect their brand and their agents who are selling, regardless of the asking price, Allstate requires a “showing” of at least $100k in operating capital future along in the process.   Acceptable forms of capital will be discussed directly with an Allstate representative during the initial phone consultation with Allstate’s recruitment team.    During this call you will be asked to “verbally” verify your capital capabilities, verbally verify that you have a clean credit and criminal record, and you will also be required to complete an online profile with employment history, and complete their traits assessment with a passing score prior to any seller introductions.   No formal background criminal/credit screenings or capital verification will take place until later in the process.  

For additional information, please complete the inquirer form and we will respond within 2 business days.
Training/Support:Comprehensive Training and Support - see Allstate's online brochure for details AllstateAgent.com
Seller Financing:no
Sale Reason:retirement
Ad #92164
Seller Reference #JMLKW_032817
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Allstate North Central Region
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