SW Charlotte Area, North Carolina
SOLDWell established, $4.8 million book with outstanding recurring revenue business as well as great retention/loss ratios.
Asking Price
$1,600,000
Financial Overview
Asking Price
$1,600,000
Annual Revenue
$0
Agency Earned Premium
$4,869,321
Annual Expenses
$0
Policies in Force
3,889
Retention Ratio
87.79%
Loss Ratio
44.9%
Agency Description
Well established recurring revenue business with great retention/loss ratios. Qualified for and made bonus in 2020 and 2021. Located in great area between NC and SC and sells policies in both states.
Office Space
2100 square feet with main lobby plus seven offices. Lease to be assumed at $1250/month
Staff & Team
Two tenured staff with over 20 years experience.
This Agency Has Been Sold
This listing was successfully sold through Agency Exchange.
No Active Listings in NC
We don't currently have any active agency listings in this state, but new opportunities are added regularly.
Want to Sell Your Agency?
List your agency on our marketplace and connect with qualified buyers.
List Your Agency