Rio Rancho, NM
SOLDWell established 30 year Pro-level Allstate Agency with superb retention!
Asking Price
$1,100,000
Financial Overview
Asking Price
$1,100,000
Annual Revenue
$493,000
Agency Earned Premium
$4,900,000
Annual Expenses
$0
Policies in Force
2,758
Retention Ratio
88.55%
Loss Ratio
39.11%
Agency Description
Exceptional opportunity in this Allstate Agency with high retention, well-established 30 year customer base and Pro-level status. Seller will consider up to 60% financing IF seller is in 1st position and secured by TPP. CW:ODAGLED
Office Space
Office building owned by seller with 1700 square feet of space. Monthly lease is $2,500 which includes utilities and internet. Expiration of lease TBD.
Staff & Team
Two LSP's with one having 25 years experience and the other with six years experience.
This Agency Has Been Sold
This listing was successfully sold through Agency Exchange.
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