Allstate Agency located North of Detroit
Allstate
North of Detroit, Michigan
Description
Great opportunity to own an established, 42+ year, Pro Allstate Agency just north of Detroit. This agency is on trend to be Elite for 2025. Located in a seller owned building, the new owner would need a new location or purchase this building. The Annual Revenue below does not include the agency bonus, which they are on trend for. There is Ivantage of $169K in addition to the Allstate Written Premium reflected below. This agency has a PBR of 84% and a Multi Category Bundle Percentage of 62.74%. Some owner finance is available with acceptable offer.
Financial Details
Price
$950,000
Premium
$4,061,173
Annual Revenue
$465,249
Expenses
$342,000
Policies In Force
2,171
Retention Ratio
90.23%
Loss Ratio
34.56%
Contact the Seller
Justin Slocum
Agencyforsale.com Consulting