Legacy Allstate Agency for sale - turn key!
Allstate
West Columbia, SC 29169
About This Agency
$2.2 million book of business for sale in an asset transfer - all FFE included! Book is approx 30 years old, purchased in 2020 from original owner. Currently staffed with very seasoned LSPs; one has been with Allstate for over 55 years starting after college in a Sears booth, then promoting to a regional manager for corporate, then as a 10-year agency owner, now "semi-retired" and works full-time as a CSR. Second LSP started after college and has been with this book for 17 years. The customers love him and insist on dealing with him.
Key Metrics:
Earned Premium: $2,236,440
AAP Tier: Pro
Policies in Force: 1,202
Retention: 88.71%
Adj Paid Loss Ratio - Auto: 66.81%
Adj Paid Loss Ratio - Total P&C: 52.28%
Ivantage Policies in Force: 76
Ivanntage Earned Premium: $112,253
Annual Revenue: $200k
All office furniture, supplies, and computer equipment convey with sale. Real Estate lease expires October 31, 2025. Perfect for merger!