For Sale

Rio Rancho, NM

Well established 30 year Pro-level Allstate Agency with superb retention!

Brand:

Allstate

City:

Rio Rancho

Price:

$1,200,000

Agency Earned Premium:

$4,900,000

Annual Revenue:

$493,000

Agency Overhead Expense (Annual):

$200,000

Policies in Force:

2758

Retention Ratio:

88.55%

Loss Ratio:

39.11%

Office Space Description:

Office building owned by seller with 1700 square feet of space. Monthly lease is $2,500 which includes utilities and internet. Expiration of lease TBD.

Staff Description:

Two LSP’s with one having 25 years experience and the other with six years experience.

Description of Business:

Exceptional opportunity in this Allstate Agency with high retention, well-established 30 year customer base and Pro-level status. Seller will consider up to 60% financing IF seller is in 1st position and secured by TPP. CW:ODAGLED

Interested in this Agency?

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Rio Rancho, NM

Interested in this Agency?

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