Sold
SOLD! Wetumpka, AL
$3.4M Allstate agency with a mature book and outstanding cash flow!
Brand:
Allstate
City:
Wetumpka
Price:
$900,000
Agency Earned Premium:
$3,400,000
Annual Revenue:
$335,000
Agency Overhead Expense (Annual):
$n/a
Policies in Force:
1949
Retention Ratio:
86.6%
Loss Ratio:
45%
Office Space Description:
Office space includes 1000 square feet in a retail front shopping center. Monthly lease is $850 and expires on February 28, 2024.
Staff Description:
One full-time licensed sales producer and one part-time customer service representative.
Description of Business:
Stable, mature Allstate book ready for a new owner! Seller is leaving the industry and is open to discussing financing options. Inquire with Craig today for more information on this agency! CW:WAHS
This agency has been sold.
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