Allstate Agency in Central Florida - Lake Mary Corridor

Allstate Central Florida - Lake Mary Corridor

About This Agency

Well-established Allstate agency in Central Florida - Lake Mary Corridor, under the same long-term ownership and operating at AAP Pro level. Total premium is $4,855,414, made up of $2,743,949 in Allstate premium and $2,111,465 in brokered premium — the brokered book is primarily Ivantage at $2,067,724, plus $13,318 with Citizens and $30,423 in Allstate Flood. Total policies in force are 1,969, made up of 1,063 Allstate policies and 906 brokered policies — 853 Ivantage, 4 Citizens, and 49 Allstate Flood. Performance is strong, with 81% total P&C retention and Variable Comp hit every month. A tenured, licensed staff is willing to stay for the right buyer, and growth is built in through realtor referral partnerships, live transfers, and customer referrals. The office lease is flexible with renewal options, the seller is willing to carry a seller's note, and the seller is open to consulting through the transition.

Financial Overview

Price
$699,000
Premium
$4,855,414
Annual Revenue
$447,899
Expenses
$250,000
Policies In Force
1,969
Retention Ratio
81.00%
Loss Ratio
42.00%

Contact the Seller

Consultant Photo for Alex Morgan

Alex Morgan

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