Thriving Allstate Agency Ready For A New Owner - Business for Sale

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Allstate Insurance Agency in Upstate South Carolina

SC, US
Added 9 months ago
Insurance Agency
Under ContractAbsentee / Semi-Absentee

Allstate insurance agency with a multi-state footprint in South Carolina, North Carolina, and Georgia, offering personal and commercial insurance services from a prime Upstate South Carolina location.

Key Information

Asking

$1.5M

Revenue

$700K

Earnings

Multiple

Key Highlights

  • Agency has $7.0 million in earned premium
  • Net retention rate is 87%
  • Customers with 5+ years tenure have a 90% retention rate
  • Team includes four experienced, licensed sales agents
  • Bundle rate is 70%
  • Business operates in South Carolina, North Carolina, and Georgia
  • Lease runs through 2028; furniture and equipment included
  • Business is a franchise (Allstate)
  • Sale is pending

Contact Info

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