Allstate Agency in beautiful East Texas!
White Oak, TX
| Asking Price: | $1,200,000 |
| Gross Revenue: | $401,000 |
| Established Year: | 2004 |
| Cash Flow: | $281,600 |
| Rent: | $1,100/Month |
Listing ID: 2300883Listing provided by BizBuySell
BUSINESS DESCRIPTION
Pro, $5.5M Allstate agency in beautiful East Texas! This 20+ year agency is ready for a new owner. The $5.5M includes the $5,281,265 Earned Premium plus over $200k in IVantage. There are nearly 2,000 policies with 80.23% Retention and 49.43% AUTO loss ratio. This location has a renovated front lobby and has 4 individual offices. The staff includes 3 Licensed Sales Professionals, two of which are remote and 1 Customer Service Representative that works hybrid.
DETAILED INFORMATION
Location
White Oak, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/03/2027
Employees
4
Reason for Selling
Relocating
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