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SW Charlotte Area, North Carolina

SOLD

SW Charlotte Area, NCAllstate

Well established, $4.8 million book with outstanding recurring revenue business as well as great retention/loss ratios.

Financial Overview

Annual Revenue

Agency Earned Premium

$4,869,321

Annual Expenses

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.

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