Sold
SOLD! Central Pennsylvania Allstate Agency
Exceptional $5.9M Allstate agency ready to buy! Mature, stable 40 year book with a well established customer base. Great cash flow in this turnkey agency!
Brand:
Allstate
City:
Central PA
Price:
$1,600,000
Agency Earned Premium:
$5,960,000
Annual Revenue:
$n/a
Agency Overhead Expense (Annual):
$101,130
Policies in Force:
4682
Retention Ratio:
88.16%
Loss Ratio:
41.21%
Office Space Description:
Three office areas with a reception area in this 1100 square feet office space. Lease to be assumed at $2000/month OR buyer has an option to purchase from the seller (owns the building).
Staff Description:
Two licensed sales producers and one customer service agent included.
Description of Business:
Inquire today about this stable, 40 year Allstate agency with great retention and potential to grow! Low overhead and high revenue won’t let this agency last long. CW:NOSLLIT
This agency has been sold.
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