Southwest Central Area, NC
SOLDThis 17 year old Allstate agency is a locally family owned gem with an outstanding, loyal client base!
Asking Price
$749,000
Financial Overview
Asking Price
$749,000
Annual Revenue
$389,000
Agency Earned Premium
$4,660,000
Annual Expenses
$0
Policies in Force
2,209
Retention Ratio
83.23%
Loss Ratio
36%
Agency Description
This local, family owned Allstate agency was started as a scratch satellite agency in 2008. With a strong local community, the client base is low maintenance with outstanding potential for future growth. Nestled near the state line between North and South Carolina, this agency is licensed to sell in BOTH states! Seller is open to discussion for financing options. CW:NALLIMCM
Office Space
Great location in a highly visible area. Office is a fully renovated (in 2023) home with five private offices with a kitchenette. Office includes 1100 square feet with an unfinished attic space with an additional 500 square feet. Lease is $2,500/month and seller is flexible with lease rate/terms.
Staff & Team
No staff will transfer (owners are only current staff).
This Agency Has Been Sold
This listing was successfully sold through Agency Exchange.
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