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Central Alabama

SOLD
Central Alabama, ALAllstate

Perfect starter or merger opportunity in this Allstate Agency in central Alabama!

Asking Price

$500,000

Financial Overview

Asking Price

$500,000

Annual Revenue

$229,400

Agency Earned Premium

$2,300,429

Annual Expenses

$0

Policies in Force

1,287

Retention Ratio

83.95%

Loss Ratio

49.62%

Agency Description

Well-established, emerging-level, turnkey Allstate agency with $2.3M in premium comes with experienced staff. Bonus made in 2023 with 1287 policies in force and ~84% retention. Low overhead at $45K and all computers and furniture remains with the sale. Excellent start up agency with one of the most recognizable names in the industry. Potential for growth is outstanding with the right buyer! CW:SIRRAH

Office Space

No office space included with sale--must relocate to new space

Staff & Team

One full time trained staff included; Seller willing to work out a transitional period

This Agency Has Been Sold

This listing was successfully sold through Agency Exchange.

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