Allstate Agency Near Raleigh, NC

Wake County, NC

Seller Financing Available

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Asking Price:$1,425,000
Gross Revenue:$602,328
Established Year:2012
Cash Flow:$242,328
Rent:$2,200/Month
BUSINESS DESCRIPTION

Established Allstate ELITE agency with $5,883,747 in Allstate Written Premium, located in a prime, growing area. This high-quality book boasts 4,064 policies with a strong retention of 89.48% and significant growth potential. The loss ratio of 64.08% is the AUTO loss, 86.82% PBR and a VC of 76. The agency is supported by a skilled team of three: two experienced Licensed Sales Professionals and one Customer Service Representative. The office is a ground-floor condo unit in a small office complex, featuring a reception area, four offices, a break room, and a bathroom.


DETAILED INFORMATION
Location
Wake County, NC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
01/03/2026
Employees
3
Financing
Some seller financing with acceptable offer
Reason for Selling
Moving
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Justin
Slocum
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Justin Slocum