25-year Allstate Agency in Central Kentucky
Richmond, KY
| Asking Price: | $450,000 |
| Rent: | $1,200/Month |
| Established Year: | 1999 |
| Gross Revenue: | $290,000 |
| FF&E: | $20,000 |
Listing ID: 2276323Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highly productive, turnkey PRO/Elite tier Allstate agency in the heart of downtown Richmond. KY
Highly productive PRO tier agency on pace for ELITE tier in 2025 with last AAV @ 208 trending up
$2.2 mm earned premium
Additional $4000/month income from servicing and Ivantage accounts
87% bundling!!!
38% Loss Ratio!!!
83% Retention
Allstate offers competitive monthly and annual bonus opportunities. Additional acquisition opportunities may be available.
This agency is one of the few that has never missed Variable Compensation!
Agency frequently qualifies for annual bonus.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
4 Complete workstations (desks, chairs, computers, printers, scanners)
3 outside Allstate Signs with 2 beacon signs
Competition
Prominent office location with high visibility in the heart of downtown Richmond, KY
-"Best front office window in town!"
Growth & Expansion
Allstate offers competitive monthly and annual bonus opportunities. Additional acquisition opportunities may be available.
Some seller financing may be available
Support & Training
Training and education provided by Allstate.
Seller is willing to assist with the transition
Reason for Selling
Seller is retiring.
Franchise
This business is an established franchise
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