Well-established, 31 year book with one owner is primed for excellent growth!
Asking Price
$799,000
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%
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
Great office space includes six workstations with a monthly lease payment of $1,200. All furniture and computers included with purchase of agency.
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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