WEST COLUMBIA, South Carolina
| Asking Price |
$1,250,000 |
Year Established |
26 |
|
| Annual Revenue |
$0 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Energia Consulting |
|
| Annual Cash Flow |
$0 |
Listing Number |
1000960 |
|
| # of Employees |
2 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
This well-managed turnkey ELITE Allstate agency is located in the West Columbia area of South Carolina. This agency offering has approximately $4.8 Million in combined earned premium plus brokered, that consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. The agency has a low loss ratio and customer loyalty has created excellent retention in the book. This is a wonderful opportunity to acquire an established 26 year old turnkey operation with excellent cash flow and a good-sized earned premium amount that will support and encourage continued growth. This won’t last long on the market!
Property Features and Assets:
<p>Company: Allstate</p><p> City/State: West Columbia, SC<br> County: Lexington<br> Zip Code: 29120<br> Location Available: Office space is located in a suite of retail spaces. Approximately 1,000 sq ft. Good signage and visibility. Four workstations. Neighboring businesses include real estate broker, restaurants, car dealer, dentist, pediatrician and a church.<br> Rent/Lease Terms: TBD<br> Rent/Lease Rate: Rent is $850 per month<br> F&E Available: Furniture and equipment to convey.<br> Years In Business: 26 years.<br> Location Photos: Available upon request.<br> Current Agency Staffing: 2 sales staff, one of which is life licensed. 1 will likely transition.</p><p> </p>
Market Competition and Expansion:
<p>Asking Price: $1,250,000<br> Annual New/Renewal Revenues: Available with signed NDA.<br> Earned Premium: $4.8M<br> Bank Financing Available: Local and National Lenders Available Upon Request.<br> Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required.<br> Detailed Financial Reports: NDA required<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity