Sold

SOLD!! Providence, RI with Norwood, MA

$14M book located in Providence, Rhode Island and Norwood, Massachusetts!

Brand:

Allstate

City:

Providence

Price:

$3,500,000

Agency Earned Premium:

$14,000,000

Annual Revenue:

$N/A

Agency Overhead Expense (Annual):

$1,000,000

Policies in Force:

10000

Retention Ratio:

88%

Loss Ratio:

39%

Office Space Description:

Beautiful office building located on Main St in town. 2500 sq ft with a monthly rent of $3500. Lease is set to expire in 2024

Staff Description:

No staff

Description of Business:

$14M book that has binding authority in Rhode Island and Massachusetts. Great rates and potential growth in both states. LA: Justin Slocum

This agency has been sold.

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