Spectacular Pro-Level Allstate Agency that is well-established in the central/eastern portion of Alabama.
Asking Price
$3,089,000
Asking Price
$3,089,000
Annual Revenue
$1,490,000
Agency Earned Premium
$14,798,000
Annual Expenses
$700,000
Policies in Force
7,767
Retention Ratio
86.36%
Loss Ratio
33.22%
Well-established, 22 yr old, Pro-Level Allstate Agency that sells all over the state of Alabama and is also licensed in Georgia. Tenured staff willing to stay on. Seller is retiring and will actively assist in transitioning for the new owner.
Office includes 2311 square feet with a monthly lease payment of $1,800. Seller own the office building and will negotiate terms of lease.
Eight staff are willing to remain and transition to the new owner. Four are licensed sales producers and four are customer service representatives. Between the eight staff, experience ranges from 1-10 years with the agency.
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