Seller's Contact Information
- RE: $5.1M Allstate Agency In Mebane, NC (H)
- Contact: Ralph Cummings
Quick Facts
| Asking Price: | $1,160,000 | |
| Annual Revenue: | $5,116,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 3 | |
| BBN Listing #: | 596264106 | |
| Broker Reference #: | 12923H |
Business Overview:
Well-established 28-year agency with 22 years in this same location! Located in growing Mebane, NC (between the city-centers of Raleigh and Greensboro), this $5M agency consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. It boasts above average retention and renewal rates. The agency is process-driven and will be seamless in transition for the next owner. This size and location won't last long!
1,000 square feet storefront in rapidly-growing Mebane, NC (midway between Greensboro and Raleigh); open layout with 3 workstations, the office is in a large Wal-Mart shopping center and is a bill-pay location (electric, telephone, and direct tv) which increases
walk-in traffic; with room to grow. Tanger outlets are nearby; Good signage and visibility.
Rent/Lease Terms: Lease renews June 2023. Rent/Lease Rate: $1,900 month. F&E Available: All office furniture and equipment to convey.
Years In Business: 28 years, 22 yrs in Mebane. Location Photos: Available upon request. Current Agency Staffing: 1 LSP, 1 support staff, 1 remote bilingual (Spanish) admin.
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Property Features and Assets:
1,000 square feet storefront in rapidly-growing Mebane, NC (midway between Greensboro and Raleigh); open layout with 3 workstations, the office is in a large Wal-Mart shopping center and is a bill-pay location (electric, telephone, and direct tv) which increases walk-in traffic; with room to grow. Tanger outlets are nearby; Good signage and visibility.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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