Allstate Agency in Northeast Houston!
Harris County, TX
| Asking Price: | $1,990,000 |
| Gross Revenue: | $1,087,554 |
| Established Year: | 1985 |
| Cash Flow: | $521,912 |
| Rent: | $760/Month |
Listing ID: 2314293Listing provided by BizBuySell
BUSINESS DESCRIPTION
This is a great opportunity to own an ELITE agency in Northeast Houston! The $8.1MWritten Premium does not include the $208k of Ivantage policies. With over 2700 policies, 86.45% Retention, this is a very stable book of business with happy clients. A highly qualified staff comes with the agency, and four of the five staff members work remotely. The VC is 91, and the Policy Bundle Rate is 85.22%. Loss ratio of 43.67% reflects the AUTO loss. The owner is ready to retire and enjoy life!
DETAILED INFORMATION
Location
Harris County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
266
Lease Expiration
30/11/2025
Employees
5
Facilities
Open air office space with two desks.
Growth & Expansion
Excellent location that is growing in Northeast Houston.
Financing
Some owner financing available with acceptable offer.
Support & Training
Highly trained staff of five. 4/5 work remotely
Reason for Selling
Retiring
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