Allstate requires the purchaser to be an owner/operator so no strategics, P/E's
or absentee owner arrangements. Must live in the Houston area and the first step
is getting approved by Allstate management before personal information will be
released. I will assist you through all steps of the process.
MUST have at least
$400,000 to put down to qualify for an SBA loan.
Priced based on no owner financing and price is firm as we get tremendous
interest in these listings. It's extremely difficult to find large agencies for
sale.
Price could be adjusted up if some seller financing is required.
Profits can be increased by another $600,000 plus by maximizing the bonus
opportunity and current agent has been doing that for many years. I did not
include that in the gross and EBITDA numbers just to be conservative.