Established Success: Tenured Allstate Agency - Business for Sale
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Allstate Insurance Agency in Mooresville, NC
Mooresville, NC, US
Added 1 month ago
Insurance Agency
Absentee / Semi-Absentee
This is an Allstate insurance agency in Mooresville, NC, operating in the financial services industry with over $4.3M in premium and 2,439 policies in force.
Key Information
Asking
$650K
Revenue
–
Earnings
–
Multiple
–
Key Highlights
- Total premium: $4,341,238
- Policies in force: 2,439
- Net retention: 87.67% (90.41% for clients with 5+ years tenure)
- Loss ratios (Standard Auto): 39.78% (12-month), 42.10% (24-month)
- Two fully P&C-licensed employees
- Office furniture, fixtures, and equipment included in sale
- Seller owns the building and is open to lease or purchase options for real estate
- Seller is open to providing some seller financing for qualified buyers
- Business is a franchise (Allstate Agency)
Contact Info
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