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Albuquerque, NM

Albuquerque, NMAllstate

Well-established, 31 year book with one owner is primed for excellent growth!

Asking Price

$799,000

Financial Overview

Asking Price

$799,000

Annual Revenue

$414,000

Agency Earned Premium

$5,339,238

Annual Expenses

$156,000

Policies in Force

2,384

Retention Ratio

82.49%

Loss Ratio

32.47%

Key Highlights

  • ✓

Agency Description

Located in a desirable, expanding area of Albuquerque, this established Allstate agency offers excellent visibility as well as the opportunity to build on more than 31 years of business. The longtime owner is retiring, opening the door for a motivated buyer to lead the agency into the next chapter. A foundational book of business provides the blueprint while nearby development is creating opportunity for new growth. A hands-on buyer with strong sales leadership can pursue additional revenue through proactive cross-selling, consistent prospecting and focused team development. This is a unique opportunity for a new owner to combine an established local presence with a fresh growth strategy! Seller wiling to finance up to 20% of purchase price. #DROLYAG

Office Space

Great office space includes six workstations with a monthly lease payment of $1,200. All furniture and computers included with purchase of agency.

Staff & Team

Two licensed sales producers, with one being the office manager and top salesperson while the other is bilingual (Spanish/English) and experienced in both sales and service.

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Your inquiry is regarding: Albuquerque, NM