West Albuquerque, NM
Fair pricing with Allstate changes is not a factor with this $4.38M agency nestled in the west side of Albuquerque! Inquire for more details!
Asking Price
$950,000
Financial Overview
Asking Price
$950,000
Annual Revenue
$387,765
Agency Earned Premium
$4,381,974
Annual Expenses
$0
Policies in Force
2,450
Retention Ratio
88.98%
Loss Ratio
32.47%
Agency Description
Don't miss out on this Elite-level agency in a high growth area of New Mexico! Retention and loss ratios are excellent and a 30 year solid customer base won't let this agency stay available for long. Seller is willing to finance up to 50% of the purchase price! CW: ELKRIP
Office Space
Retail center office has been in place for 30 years and includes 900 square feet of space. Monthly lease is $1556.06 and expires on 3/31/2026.
Staff & Team
Two full time licensed and trained staff and one part time staff comes with the agency.
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