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Eastern Virginia

SOLD
Eastern Virginia, VAAllstate

Outstanding, high growth Allstate agency located in a great area of eastern VA. Book has been meticulously serviced and grown over the last 10 years. Experienced staff and great retail location!

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Financial Overview

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Annual Revenue

$1,065,000

Agency Earned Premium

$10,400,000

Annual Expenses

$0

Policies in Force

5,682

Retention Ratio

83.61%

Loss Ratio

49.38%

Agency Description

Organically grown agency going from $3.3M in 2014 to $10.4M in 2024! Currently at Pro-level but only single digits away from Elite-level status. Seller is willing to finance up to 10% of the selling price. CW:NIUQSAP

Office Space

High visibility and traffic with this retail office space with 1400 square feet. Lease is $1,730/month and expires on 2/28/2025.

Staff & Team

Six total staff including two service, two full-time sales and two part-time sales staff