NEW PRICE! Allstate Agency in West Albuquerque, NM!
Albuquerque, NM
| Asking Price: | $950,000 |
| Rent: | $1,556/Month |
| Gross Revenue: | $407,417 |
| Established Year: | 1996 |
Listing ID: 2263489Listing provided by BizBuySell
BUSINESS DESCRIPTION
Fair pricing with Allstate changes is not a factor in this high-growth agency!
Exceptional growth in this well-established, long term (30 years) $4.1M Allstate Agency. This Elite level agency has excellent retention at 88.10% and is nestled in a high growth area giving it amazing potential with the right buyer.
DETAILED INFORMATION
Location
Albuquerque, NM
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/03/2026
Employees
3
Facilities
Retail center office has been in place for 30 years and includes 900 square feet of space.
Growth & Expansion
Excellent opportunity for continued growth as this area of New Mexico is experiencing rapid growth. New data from October 2024 shows earned premium continues to increase while loss ratio continues to decrease!
Financing
Seller willing to finance up to 50% of the purchase price
Support & Training
Two full time licensed and trained staff and one part time staff comes with the agency. Training provided by Allstate and world-class training available from Craig Wiggins Coaching and Consulting, Inc.
Reason for Selling
Moving and retiring
Franchise
This business is an established franchise
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Brightway Insurance
Available in Multiple Locations
FranchiseCash Required: $50,000
