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!

Financial Overview

Price
$450,000
Premium
$2,236,440
Annual Revenue
$200,000
Expenses
$140,000
Policies In Force
1,202
Retention Ratio
88.71%
Loss Ratio
66.81%

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