Sold

SOLD!! Ft. Wayne, Indiana

Well established turnkey agency with a $4.22 million book. Outstanding retention/loss ratios and cash flow.

Brand:

Allstate

City:

Ft Wayne

Price:

$1,100,000

Agency Earned Premium:

$4,225,000

Annual Revenue:

$N/A

Agency Overhead Expense (Annual):

$100,000

Policies in Force:

3578

Retention Ratio:

91.88%

Loss Ratio:

27%

Office Space Description:

Stand alone building on high traffic road. Option to buy or lease. Sq ft = ~2000 with a triple net lease of $1750/month

Staff Description:

Two trained staff members, one full time and one part time

Description of Business:

Well established book since 1972; with current agent since 1994. High number of multi-line policies. Great cash flow with outstanding retention/loss ratios!

This agency has been sold.

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