ELITE Allstate Agency East of Columbus, Ohio

Allstate East of Columbus, Ohio

About This Agency

Awesome chance to purchase an ELITE agency just east of Columbus, Ohio. The 30+ year agency has been operating in the same location since 1992, making it a stable, long-term business in a consistent market. The agency's revenue, as presented, does not yet include a $39k bonus earned in 2023. With a bonus projected for 2024, this can provide a significant boost to the financial outlook. The loss ratio below is the AUTO loss, has a VC in the mid 50's, PBR over 80%, and a rock solid retention. With over 20% referral business, the agency has a solid word-of-mouth and referral-driven growth channel that new owners could leverage to expand further. The owner is ready to retire and live life to the fullest!

Financial Overview

Price
$999,000
Premium
$4,332,386
Annual Revenue
$549,000
Expenses
$390,800
Policies In Force
2,877
Retention Ratio
88.10%
Loss Ratio
47.54%

Contact the Seller

Broker Photo for Justin Slocum

Justin Slocum

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