$4.8M Allstate Agency in Greer, SC(H)

LOCATION
Company: Allstate
City/State: Greer, SC
County: Greenville
Zip Code: 29650
Location Available: The office is a stand-alone duplex, brick and only 4 years old, roughly 1,250 sqft, located on a busy residential intersection. It's divided into 4 individual offices, all with window views, 1 good sized reception area with receptionist desk. 2 bathrooms, 1 storage room and 1 kitchenette.
Rent/Lease Terms: Seller owns the building and prefers buyer to sign a 2-year lease (negotiable).
Rent/Lease Rate: $1,900/month - Negotiable
F&E Available: Furniture and equipment convey.
Years In Business: 43 years in business, 33 years in the same location
Location Photos: Available upon request.
Current Agency Staffing: 2 FT staff (both licensed), 1 PT; all will transition to new owner.
Asking Price: $1,250,000
Annual New/Renewal Revenues: NDA Required
Earned Premium: $4.8M Allstate, plus brokered book
Bank Financing Available: Local and National lender referrals available upon request.
Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required.
Detailed Financial Reports: NDA required.


Established 43 yr. agency is located in a growing community near Greenville, South Carolina. This $4.8M earned premium Pro agency consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Great potential to increase
revenues as well as performance bonus based on growth, retention, etc. Experienced, licensed staff are
willing to transition with the sale while the current owner is open to a short term transitionary consulting
relationship if desired. The agency is process driven and will be seamless in transition for the next
owner.