$5.3M Allstate Agency in Cashiers, NC (H)

CASHIERS, North Carolina

Asking Price $699,000 Year Established 3
Annual Revenue Reason for Selling  
Annual P/L Attention
Annual Cash Flow Listing Number 947911  
# of Employees Business Category Services: Financial, Accounting, Insurance

Business Overview:


Established $5.3M million-dollar agency is located in the serene mountain community of Cashiers, NC. This turnkey Elite-tiered agency is located less than a mile from the center of the town and business district in the heart of a great small-town community. This Agency is Categorized as a "Rural Market", so numbers required for Allstate VC goals are much lower than an agent located in a major city. This means higher profitability is very attainable! *52% of the book is multiline, so plenty of opportunity to work the book and cross sell existing customers. Threestate agency NC, SC, and GA. GA is known for producing higher premiums.Potential to increase revenues through new and renewal commissions and bonus. Next closest Allstate agency currently is 32 miles away. Foot traffic at the location is minimal. Agency owner is well connected in the community and has developed solid customer loyalty. The Cashiers, NC area is full of high value properties. It's part of the Blue Ridge Mountains and known for vacationers and secondary property owners from out of State, and Golfers as there are 16 golf courses in the area! Take advantage of this rare opportunity because this will not last long! Especially with the lower VC goals!

Property Features and Assets:

<p><br></p><p><!--[if gte vml 1]><![if !mso]><![endif]><![endif]--><!--[if !vml]--></p><div class="se-component se-image-container __se__float- __se__float-none"><figure><img src="file:////Users/jordanharp/Library/Group%20Containers/UBF8T346G9.Office/TemporaryItems/msohtmlclip/clip_image001.png" alt="" data-proportion="true" data-align="none" data-file-name="clip_image001.png" data-file-size="0" data-origin="," data-size="," data-rotate="" data-percentage="auto,auto" style=""></figure></div><p><!--[endif]-->Company: Allstate<br> City/State: Cashiers, NC<br> County: Jackson<br> Zip Code: 28717<br> Location Available: Office space is located on the 1st floor of a commercial office building. 1,200 sq. ft. 3 desks in the office with a small meeting table towards the back of the office, there are 6 laptops, 5 Ultra Wide 34-inch monitors, and an office printer available.<br>Rent/Lease Terms: Current rent is $1,205, lease renewal is in May. Three yr term.<br> Rent/Lease Rate: $1,205 per month.<br> F&E Available: Furniture and Equipment to convey<br> Years In Business: 3 years.<br> Location Photos:Available on request<br> Current Agency Staffing: NDA required.</p><p><br></p><p>Asking Price: $699,000<br> Annual New/Renewal Revenues: Available with NDA.<br> Earned Premium: $5,300,000 plus brokered.<br> Bank Financing Available: Local and national lender referrals available on request<br> Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required<br> Detailed Financial Reports: NDA required. </p>

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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