Allstate Agency Northwest of Houston!
Harris County, TX
Sale Pending
| Asking Price: | $5,000,000 |
| Gross Revenue: | $2,000,000 |
| Established Year: | 1994 |
| Cash Flow: | $500,000 |
| Rent: | $8,500/Month |
Listing ID: 2276196Listing provided by BizBuySell
BUSINESS DESCRIPTION
Incredible opportunity to own a 30+ year, $19.4M Allstate Written Premium agency. This Pro agency is a combination of 3 books, has multiple locations and a staff to come with it. With 6800 policies, the Retention ratio is 82.58%, AUTO loss ratio of 61.21%, has a Policy Bundle Rate of 85.51% and a Multi Category Bundle of 61.3%. Some owner financing available with acceptable offer.
DETAILED INFORMATION
Location
Harris County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,700
Lease Expiration
01/12/2025
Employees
12
Facilities
This agency has two locations. The square footage and rent reflect the two locations combined.
Financing
Some financing available with accepted offer.
Reason for Selling
Retirement
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