$7.4M Allstate Agency in Central FL

Allstate Insurance Agency

LOCATION
Company : Allstate
City/State: Central Florida
County: Central Florida
Location Available: Yes (Building is also available to purchase)
Rent/Lease Terms: With signed NDA
Rent/Lease Rate: With signed NDA
F&E Available: Fully compliant computers and furniture included
Years in business: 34 Yrs
Location Photos: With signed NDA
Current Agency Staffing: 3 full time licensed and tenured staff

FINANCIAL
Asking Price: $1,650,000
Annual New/Renewal Revenues: Total ’24 Revenue $727,500
Earned Premium: $7,360,000+
Bank Financing Available: Yes we can refer Lenders
Seller Financing Available: Yes
Detailed Financial Reports: With NDA

GENERAL INFORMATION
Great opportunity to purchase one of the best agencies in the Central Florida area. This is a 34 year agency with 3 full-time staff that are very tenured and licensed. The agency consists of $4,698,000+ Allstate Premium and the remaining book consists of Brokered Property ($2,663,000). Renewal ratios are excellent in both Auto (89.2%) and Total Allstate (86.5%). In addition to having excellent current results, this agency is well positioned for continued growth and can be leveraged to maximize the Allstate compensation & bonus programs. Owner is willing to assist with transition. This is a great opportunity to own a quality Allstate Agency!