Pending

PENDING! Central Alabama

Perfect starter or merger opportunity in this Allstate Agency in central Alabama!

Brand:

Allstate

City:

Central Alabama

Price:

$500,000

Agency Earned Premium:

$2,300,429

Annual Revenue:

$229,400

Agency Overhead Expense (Annual):

$45,000

Policies in Force:

1287

Retention Ratio:

83.95%

Loss Ratio:

49.62%

Office Space Description:

No office space included with sale–must relocate to new space

Staff Description:

One full time trained staff included; Seller willing to work out a transitional period

Description of Business:

Well-established, emerging-level, turnkey Allstate agency with $2.3M in premium comes with experienced staff. Bonus made in 2023 with 1287 policies in force and ~84% retention. Low overhead at $45K and all computers and furniture remains with the sale. Excellent start up agency with one of the most recognizable names in the industry. Potential for growth is outstanding with the right buyer! CW:SIRRAH

Interested in this Agency?

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PENDING! Central Alabama

Interested in this Agency?

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