$2.5M Allstate Agency In Waynesville, NC(H)

LOCATION
Company: Allstate
City/State: Waynesville, NC
County: Haywood
Zip Code: 28786
Location Available: Office is in a ground floor space and is one of four offices in the building. It has approximately 1,250 sq ft. 5 workstations with the ability to expand to 6. Windows 11. State-of-the-art copier/scanner/fax, Roku TV for streaming Allstate channel, 2 bathrooms, kitchenette, foyer, lobby.
Rent/Lease Terms: Original lease was a 3-year term signed in 2016. Currently month to month. No rent increases since 2016.
Rent/Lease Rate: $1,250 a month.
F&E Available: Furniture and equipment to convey.
Years In Business: This book was started before 2009. Current owner has been at this location for over 8 years.
Location Photos: Available upon request.
Current Agency Staffing: Two staff members. 1 licensed for Life and P&C and one CSR who is getting P&C licensed. Both will likely transition.
Asking Price: $508,000
Annual New/Renewal Revenues: Confidential until NDA received
Earned Premium: $2,500,000 including brokered book.
Bank Financing Available: Local and national lender referrals available on request
Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required
Detailed Financial Reports: NDA required

Well-established $2.5 million dollar Pro agency is located in charming Waynesville, NC. This turnkey agency is in a centrally located bustling retail section of town and in the heart of the mountains! The office has neighbors that include restaurants, a pet store, law office, medical office, financial services and a salon, to name a few. Agency consists of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Potential to increase revenues through new and renewal commissions and bonus. Agency owner is well-connected in the community and has developed solid customer loyalty. Take advantage of this rare opportunity, as it will not last long!