Business Details

Allstate Captive Insurance Agency

Location : Orange County

Type of Business : JBA Insurance Agency, LLC

Asking Price: $150,000
Inventory: $

Gross Sales: $1,000,000

Summary of Business

This is an Allstate Agency that has three Owners. The Sellers desire to sell their entire Ownership in this  Agency, including its goodwill and assets. The business has no loans or any other encumbrances. 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 an Annual Bonus based on production in Life Insurance, Retention, and Loss Ratios.  The 1099's are available to review after an offer is made during the "Due Diligence" process.

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Other Details

No Data Available.

Income

Gross Yearly Sales: $1,000,000
Adjusted Yearly Net Profit: $90,000

Rent

Options: 0

Employees

Number of Employees: 3
Part time: 3
Hours of Operation: 9:00am to 5:00pm

Expenses

Additional Details

Skills / Licenses: Casualty P C License, Life License, Allstate Training School
Year Established: 2019


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