CHARLESTON, South Carolina
| Asking Price |
$1,375,000 |
Year Established |
13 |
|
| Annual Revenue |
|
Reason for Selling |
|
|
| Annual P/L |
|
Attention |
|
|
| Annual Cash Flow |
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Listing Number |
948460 |
|
| # of Employees |
2 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Well-established ELITE Allstate agency with over 13 years in the same location. $4.25M Allstate premium plus $370,000 Brokered Book, and $100,000 in SC Wind & Hail premium. This is a turnkey agency in Historic Charleston, SC! The agency consists of a preferred auto and homeowner customer base with Loss Ratio under 60% and Retention over 90%, with excellent opportunity for growth in cross sales as well as life/financial services. The current owner is available to assist with transition and guidance. This won't last long on the market!
Property Features and Assets:
<p><br></p><p>LOCATION</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: Charleston, SC<br> County: Charleston<br> Zip Code: 29407<br> Location Available: 1,000 square feet office in a one-story strip center with large parking lot on a busy road leading to downtown Charleston. Neighbors include real estate, sports pub, home health, and many others; good signage and visibility.<br> Rent/Lease Terms: 3-year lease; renews Jan 1, 2025<br> Rent/Lease Rate: $1,400/month<br> F&E Available: Furniture and equipment will convey.<br> Years In Business: 13<br> Location Photos: Available upon request<br> Current Agency Staffing: 3 licensed staff that perform sales and customer service; 2 will transfer to new owner</p><!--[endif]--><!--[if !mso & !vml]--> <!--[endif]--><!--[if !vml]--></div></td></tr></tbody></table><p>Asking Price: $1,375,000<br> Annual New/Renewal Revenues: NDA required<br> Earned Premium: $4,750,000<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</p><p>Well-established ELITE Allstate agency with over 13 years in the same location. $4.25M Allstate premium plus $370k Brokered Book, and $100k in SC Wind & Hail premium. This is a turnkey agency in Historic Charleston, SC! The agency consists of a preferred auto and homeowner customer base with Loss Ratio under 60% and Retention over 90%, with excellent opportunity for growth in cross sales as well as life/financial services. The current owner is available to assist with transition and guidance. This won't last long on the market!</p><p><br> For More Information Please Contact:</p><p>Energia Consultant Partners, LLC<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity