Meticulously built, Pro-level Allstate agency with excellent retention ready for new owner in beautiful Port Huron!
Asking Price
$1,250,000
Asking Price
$1,250,000
Annual Revenue
$510,600
Agency Earned Premium
$5,500,000
Annual Expenses
$200,000
Policies in Force
3,109
Retention Ratio
88.7%
Loss Ratio
24%
Description of Business:
This amazing agency began in 2007 and is the result of several carefully executed mergers which have resulted in a successful book of business with a loyal customer base. Growth potential is excellent and retention and loss ratios are outstanding! CW:REINRUOF
Newly remodeled 2,500 square feet of office space with two executive offices, three staff offices, reception area with two desks, kitchenette and restroom. Lease is $2,000/month and seller is negotiable to either terminate or extend the lease.
Three staff to remain including one office manager/licensed sales producer with 18 years experience and two licensed sales producers.
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