$12M Allstate Agency in Low Country, SC(H)

NOT DISCLOSED, South Carolina

Asking Price $3,700,000 Year Established 20
Annual Revenue $0 Reason for Selling  
Annual P/L $0 Attention
Annual Cash Flow $0 Listing Number 992802  
# of Employees Business Category Services: Financial, Accounting, Insurance

Business Overview:


LOCATION

Company: Allstate
City/State: Low Country, SC
County: Randolph
Zip Code: 29201
Location Available: Office is located in a retail area. Square footage is over 2,500.
Rent/Lease Terms: Negotiable.
Rent/Lease Rate: Negotiable.
F&E Available: Furniture and equipment convey.
Years In Business: Over 20 years.
Location Photos:Available upon request.
Current Agency Staffing: 7+ both customer service and sales.

Asking Price: $3,700,000
Annual New/Renewal Revenues: Confidential until NDA is receieved.
Earned Premium: $12+M plus brokered
Bank Financing Available: Local and National lenders available upon request.
Seller Financing Available: If necessary, terms negotiable. Collateral required.
Detailed Financial Reports: NDA required.

Property Features and Assets:

<p><br></p><p>This well established, profitable agency is located in one of the fastest growing regions of South Carolina. This $12+M earned premium agency consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Great potential to increase revenues as well as performance bonus based on growth, retention, etc. This agency serves customers in both SC and NC. Experienced, licensed staff are open to transition with the sale while the current owner is open to a short-term transitionary consulting relationship if desired. The agency is process driven and will be seamless in transition for the next owner.</p><p><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

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