Milford, Connecticut
Allstate Agency in Milford, CT!
Great Entry-Level Opportunity!
- City, County, and State: Milford, New Haven County, CT
- Written and Advance Earned Premium: $3,624,000
- Gross Revenue: $326,000
- Normalized EBITDA: $262,631
- Lease terms: Monthly
- Rent amount: $1,750
- Staffing: Yes
- All existing furniture and equipment to convey, excluding personal items
- Seller Financing: Negotiable
- Asking Price: $725,000
Fully functioning ongoing agency operation with professional staff open to transition with the sale. Established Allstate Agency location. The current owner is willing to provide transition consulting on a temporary basis.
This established Allstate Agency is located in Milford, Connecticut, in the New Haven County market area! The $3.6 million earned premium agency is comprised of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life and financial services. Good potential to increase revenues through higher new business comp programs & renewal commissions as well as performance bonuses based on growth, retention, etc.
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