$3.9M Allstate Agency in Asheville, NC(H)

GENERAL INFORMATION

ALLSTATE INSURANCE AGENCY

LOCATION
Company: Allstate
City/State: Asheville, NC
County: Buncombe
Zip Code: 28805
Location Available: Office is located in a retail strip center with good visibility and signage.
Total area is approximately 1,575 square feet with 6 workstations, all in individual offices.
Neighboring businesses include pharmacy, DMV, restaurants, ice cream shop and a hair salon.
Rent/Lease Terms: Currently leased.
Rent/Lease Rate: $2,256 a month.
F&E Available: Fixtures and equipment to convey.
Years In Business: Original agency established over 50 years ago. Current owner took it over
in 2000 from the founder and kept the name of the agency the same.
Location Photos: Available upon request
Current Agency Staffing: 2 sales and 1 customer service. All licensed and will transition with
the sale. Agency has a successful relationship with exclusive Financial Specialist.

Asking Price: $1,245,000
Annual New/Renewal Revenues: Confidential until NDA received.
Earned Premium: $3,867,000 plus brokered book
Bank Financing Available: Local and National lender referrals available upon request.
Seller Financing Available: Local and National lender referrals available upon request.
Detailed Financial Reports: Confidential until NDA received.

Well-established Allstate agency located in majestic Asheville NC. This $3.9 Million earned
premium agency consists of preferred auto/homeowner customer base with excellent
opportunity for growth in cross sales as well as life/financial services. Customer loyalty has
created excellent retention in the book. The current owner is available to assist with transition
and guidance with this wonderful opportunity to acquire an established turnkey operation. This
ideal agency is an extremely well positioned business for a new owner to purchase and grow.