New Price

New Mexico, USA

Exceptional growth in this well-established, long term Allstate Agency. This Elite level agency has excellent retention and is nestled in a high growth area giving it amazing potential with the right buyer.

Brand:

Allstate

City:

New Mexico

Price:

$950,000

Agency Earned Premium:

$3,932,918

Annual Revenue:

$407,417

Agency Overhead Expense (Annual):

$42,600

Policies in Force:

163

Retention Ratio:

88.10%

Loss Ratio:

45.18%

Office Space Description:

Retail center office has been in place for 30 years and includes 900 square feet of space. Monthly lease is $1556.06 and expires on 3/31/2026.

Staff Description:

Two full time licensed and trained staff and one part time staff comes with the agency.

Description of Business:

Don’t miss out on this Elite-level agency in a high growth area of New Mexico! Retention is excellent and a 30 year solid customer base won’t let this agency stay available for long. Seller is willing to finance up to 50% of the purchase price! CW: ELKRIP

Interested in this Agency?

Get in touch for more info!