Forsyth County, NC
PENDINGA strong local economy provides great growth potential in this outstanding Allstate agency!
Asking Price
$749,000
Financial Overview
Asking Price
$749,000
Annual Revenue
$573,467
Agency Earned Premium
$5,456,085
Annual Expenses
$0
Policies in Force
3,585
Retention Ratio
85.11%
Loss Ratio
39.11%
Agency Description
This 24-year emerging Allstate agency is well-established by a second generation Allstate agent. Nestled in a growth-rich area of North Carolina, with a bundle rate of 89%, this agency is ideal for a merger or for a new agent in need of a solid client base. Seller is willing to finance up to 30% of the selling price. CW:ESEED
Office Space
Two-story office space with 1200 square feet down and 250 square feet up includes five offices, two bathrooms, break room and reception area/lobby. Also included are two storage spaces with one down and larger storage area up. Storage area upstairs could easily become a sixth office space. Lease to be determined by the seller who owns the building.
Staff & Team
One office manager and one licensed sales producer. Seller and spouse to leave work staff when new owner takes over.
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