Allstate Agency West of Temple, TX

Bell County, TX

Seller Financing Available

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Asking Price:$895,000
Gross Revenue:$423,238
Established Year:1974
Cash Flow:$319,678
Rent:$850/Month
BUSINESS DESCRIPTION

Well-established Allstate Pro agency located west of Temple, Texas, with over 50 years in business and 30+ years in its current prime location on a main thoroughfare. This agency features a stable book of business supported by two full-time Licensed Sales Agents. This Allstate agency has a written premium of $4,739,822, an impressive retention rate of 88.07%, and a low auto loss ratio of 39.24%, with 1,972 policies in force. The office space includes two separate offices, with the front area dedicated to Licensed Sales Producers and the back half utilized by a Financial Advisor. The agency showcases impressive performance metrics, including an 88% Multi-Category percentage, a VC of 37, and an 85% policy bundle rate. A rare opportunity to own a long-standing, reputable agency in a high-visibility location.


DETAILED INFORMATION
Location
Bell County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
01/08/2025
Employees
2
Financing
Seller Financing available with acceptable offer.
Reason for Selling
Leaving Industry
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Justin
Slocum
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Justin Slocum