New Orleans, LA
Exceptional opportunity in this 30+ year agency with over 90% retention nestled in the SE suburbs of New Orleans, LA!
Asking Price
$389,000
Financial Overview
Asking Price
$389,000
Annual Revenue
$252,000
Agency Earned Premium
$2,250,000
Annual Expenses
$0
Policies in Force
1,400
Retention Ratio
90.75%
Loss Ratio
19.7%
Agency Description
Act now to seize the opportunity to acquire this well-established Allstate agency with a proven record of success. A strong, loyal client base supports a very high retention ratio and low loss ratios, which will only further the opportunity for future growth. Seller willing to finance up to 10% of the purchase price. CW:ENREHTAM
Office Space
Great office space inside a stand alone 2-story building with 900 square feet. Seller owns the building and is willing to negotiate the monthly lease upon approved sale of the agency.
Staff & Team
No staff included. Seller willing to stay on for a transition period, if necessary.
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