Allstate Agency in Pittsburgh, PA

Pennsylvania
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Asking Price:$899,000
Gross Revenue:$562,872
Established Year:2004
Cash Flow:$419,592
Rent:$1,441/Month
BUSINESS DESCRIPTION

Allstate Emerging agency located in Pittsburgh, PA. This turnkey operation includes a month-to-month office lease with five office spaces. The agency is supported by one full-time and one part-time Customer Service Representative, along with 2 full-time Sales Agents. Owner is exiting the industry, presenting a great opportunity for growth in this market. This Allstate agency boasts a written premium of $6,032,492, an impressive retention rate of 87.74%, and a low auto loss ratio of 47.94%. With 3,528 policies in force and a VC of 60, this agency demonstrates strong growth potential.


DETAILED INFORMATION
Location
Pennsylvania
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
01/01/2025
Employees
4
Growth & Expansion
Great location for growth.
Support & Training
2 full times sales, 1 full time customer service, 1 part time customer service.
Reason for Selling
Leaving the industry
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Justin
Slocum
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Justin Slocum