NE Tennessee Area
Generational Allstate agency that has been in the area since 1961!
Asking Price
$985,000
Financial Overview
Asking Price
$985,000
Annual Revenue
$550,000
Agency Earned Premium
$4,800,000
Annual Expenses
$47,500
Policies in Force
2,868
Retention Ratio
86.92%
Loss Ratio
27.9%
Agency Description
This Pro-Level Allstate agency nestled in NE Tennessee has been going strong since 1961! Started by a grandfather of the current owner, this locally built agency has a loyal customer base that has been in place for decades. With fantastic retention and exceptional growth potential, this agency won't be available for long. SB:ECROFAL
Office Space
Current office space is leased as two separate spaces with a total of 2400 square feet and a lease payment of $3,300/month. New owner would need to negotiate the lease space and monthly payment.
Staff & Team
New owner will need to discuss continued staffing with seller.
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