Turnkey, high performing PRO tier Allstate agency!

Shelbyville, KY

Seller Financing Available

Exterior
Asking Price:$340,000
Established Year:2016
Gross Revenue:$235,000
BUSINESS DESCRIPTION

$1.7mm earned premium
78% net retention; 0-2 years retention: 83%
65% overall bundling
73% new business bundle rate
Low loss ratios across all major product lines
Three licensed staff members plus one CSR
Appointments in KY and IN
Seller maintains month to month office lease in current location
Furniture and equipment included
Seller is pursuing opportunities outside the industry and is willing to assist with transition
The agency earned bonus for 2022, 2023 and is on pace to earn bonus for 2024 performance!


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Employees
4
Facilities
Seller maintains month to month office lease. Furniture and equipment included.
Competition
Shelbyville is a growing community. The agency has active appointments in KY & IN.
Growth & Expansion
Allstate offers competitive monthly and annual bonus opportunities. Additional acquisition opportunities may be available.
Financing
Seller financing available.
Support & Training
Training and education provided by Allstate. Seller willing to assist with transition.
Reason for Selling
Seller is pursuing other business ventures.
Franchise
This business is an established franchise
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Linda
Wagner
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Linda Wagner