For Sale

Northern Virginia

Well established, Pro level, large Allstate agency in a great location. Outstanding retention and immediate cash flow!

Brand:

Allstate

City:

Northern Virginia

Price:

$4,500,000

Agency Earned Premium:

$15,288,949

Annual Revenue:

$1,234,833

Agency Overhead Expense (Annual):

$570,000

Policies in Force:

9610

Retention Ratio:

89.34%

Loss Ratio:

48.11%

Office Space Description:

Main street location with great visibility. Three offices, reception area and kitchen area. Square footage is 1000 with a lease of $3,000/month. Seller owns office space and is willing to rent/sell furniture if interested.

Staff Description:

Six licensed sales producers, one operations manager and one customer service representative.

Description of Business:

Great opportunity for an established book which was built from scratch in 2005. Acquired $6.6M in 2017. Great turn key agency with positive cash flow! Seller is negotiable on financing. KM:SITOILUOS

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Northern Virginia

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