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Southwest Central Area, NC

SOLD
Southwest Central Area, NC, SCAllstate

This 17 year old Allstate agency is a locally family owned gem with an outstanding, loyal client base!

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Financial Overview

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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).