Price Improvement! Allstate Agency North Detroit!
Oakland County, MI
| Asking Price: | $950,000 |
| Gross Revenue: | $465,249 |
| Cash Flow: | $123,249 |
| Established Year: | 1982 |
Listing ID: 2284058Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great opportunity to own an established, 42+ year, Pro Allstate Agency just north of Detroit. This agency is on trend to be Elite for 2025. $4,230,173 total premium includes $4,061,173 of Allstate Written Premium and $169k Ivantage. 2,149 policies, 90.1% Retention and loss of 34.56%. This agency has a PBR of 84% and a Multi Category Bundle Percentage of 62.74%. Located in a seller owned building, the new owner would need a new location or purchase this building. Some owner finance is available with acceptable offer.
DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Financing
Some financing available with acceptable offer.
Reason for Selling
Retirement
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