For Sale

NE Illinois, IL

Don’t miss out on this Pro level, on pace to be Elite, $2.5M Allstate book with great retention and growth!

Brand:

Allstate

City:

NE Illinois

Price:

$430,000

Agency Earned Premium:

$2,500,000

Annual Revenue:

$230,000

Agency Overhead Expense (Annual):

$48,000

Policies in Force:

1425

Retention Ratio:

89.1%

Loss Ratio:

37.9%

Office Space Description:

Great retail space with walking traffic and located in a nice neighborhood. Rent is below market value for the area at $2200/month for 1000 square feet of space. Rent increases by 3% each year.

Staff Description:

One rockstar sales and service producer who also serves as a great mentor within the office. Staff includes two additional licensed producers

Description of Business:

This agency shows great growth and is prmied for even more future growth under the right owner. Bonus level was achieved in 2022 and will achieve bonus again in 2023. Seller is willing to finance up to 30% of the purchase price. KM:LLEWSSAL

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NE Illinois, IL

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