Elite Allstate agency for sale in Carmichael CA

Approved SBA loan * Independently appraised at $ 898000 * - Organically grown from scratch since 2000, ONLY Allstate agency in Carmichael CALIFORNIA ( 8329 Fair Oaks Blvd ste. G ) , multiple awards agency ( Honor ring recipient, Inner circle, Leaders Forum) , Elite agent and yearly bonus every year ( average commission including bonus over the last 3 years $350000, in 2023 over $ 429000 ) . Independently appraised for $ 898000 . SBA loan in place for a potential buyer . Beautiful office, lots of natural light, open space, agent owns the building where the agency functions and is ready and willing to help with the transition. Turn key operation with very good selling and retention processes and procedures. • Asking Price $ 850000 • Agency Earned Premium $3.8M • Agency Revenues (Annual) $400000+ • Agency Overhead Expenses (Annual) $60000 • Policies in Force 2300 • Retention Ratio 84% • Loss Ratio 64% • Furniture, computers and signs included in sale