$3.9M Allstate Agency in Rocky Mount, NC (H)

LOCATION
Company: Allstate
City/State: Rocky Mount, NC
County: Nash
Zip Code: 27804
Location Available: Stand alone office; 1,994 sqft (plenty of room for another business in this location); located near a convenience store, bank, fast food restaurant, gas station, check cashing, auto repair shop. Excellent signage and visibility on a highly trafficked road. Four workstations and small break room/kitchen area.
Rent/Lease Terms: Owner-owned; rent will be $2.850/month for new owner
Rent/Lease Rate: Negotiable
F&E Available: All business equipment and furniture will convey
Years In Business: 28 yrs in this location; 50 yrs in business
Location Photos: Available upon request
Current Agency Staffing: 3 sales people and 1 CSR. All three sales reps are P&C licensed and 2 of them have Life & Health as well.
Asking Price: $1,270,000
Annual New/Renewal Revenues: NDA required
Earned Premium: $3,900,000 + Brokered Book
Bank Financing Available: Local and National Lenders available upon request
Seller Financing Available: If necessary, terms negotiable, Satisfactory collateral required
Detailed Financial Reports: NDA required

Well-established Pro-Level Allstate agency in rapidly growing Rocky Mount, NC. This $3.9M agency consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Business and staff are well known in the community; active in the community; only agency in the area with Allstate for 50 years; More than 50% of the business comes from referrals because of our community involvement. High retention, customer loyalty, and a tenured staff that will transition to the new owner make this a great find.