Sold

SOLD!! Port Orange, FL

$2.5 M and growing book of business with great reviews and is set up for continued growth moving forward.

Brand:

Allstate

City:

Port Orange

Price:

$550000

Agency Earned Premium:

$2500000

Annual Revenue:

$100,000

Agency Overhead Expense (Annual):

$220000

Policies in Force:

1631

Retention Ratio:

87.28%

Loss Ratio:

37.41%

Office Space Description:

1,600 SF 2nd floor, has 3 large, separate offices plus separate front desk area, kitchen/breakroom, two bathrooms, three storage areas; office can comfortably hold six sales/service staff, front desk person, and private office for agent – $1,080

Staff Description:

As of 2022 – 3 staff positions include one personal lines sales staff, one commercial lines sales staff, and office coordinator (front desk person)

Description of Business:

Growing book of business with great reviews and is set up for continued growth moving forward. Great opportunity for an existing agent to merge or create a satellite. Or, perfect size for someone to start their first agency with very little overhead. GB:NOSNHOJ

This agency has been sold.

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