Sold
SOLD! Decatur, AL
$4.6M Allstate agency with great retention, ideal location and amazing potential. Located in one of the fastest growing areas of the country!
Brand:
Allstate
City:
Decatur
Price:
$1,050,000
Agency Earned Premium:
$4,600,000
Annual Revenue:
$n/a
Agency Overhead Expense (Annual):
$210,000
Policies in Force:
3003
Retention Ratio:
86.46%
Loss Ratio:
36.53%
Office Space Description:
Spacious 2600 square feet in this prime office location on a busy street. Five separate offices for producers with a large customer service area. Lease is assumable at $960/month and expires in 2024.
Staff Description:
Two sales producers and two customer service representatives
Description of Business:
This Allstate agency is primed for exceptional growth! This book is already well established with a portion of customers in the 30+ year range. Owner willing to finance up to 5% of purchase price. CW:SIDRAM
This agency has been sold.
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