Allstate Agency in West Texas, South of Lubbock!
Ector County, TX
| Asking Price: | $2,990,000 |
| Gross Revenue: | $1,410,247 |
| Cash Flow: | $509,247 |
| Established Year: | 2006 |
Listing ID: 2312440Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great opportunity for a two location agency in West Texas just South of Lubbock!
This is an amazing opportunity to purchase an Emerging agency that is trending Pro for 2025. This agency includes 4,657 Policies in Force, $14,700,291 in Allstate Written Premium, Retention ratio of 83.27%, Auto loss of 38.53%, 79.8% PBR, VC of 100, Multi-Category of 58%, and a large life and annuity book. The agency has very well trained and seasoned employees who are ready to take this agency to the next level. The owner is ready to retire and may provide a seller's note with an acceptable offer.
DETAILED INFORMATION
Location
Ector County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Employees
9
Facilities
Two prime locations with this agency. One is 1200 sq feet ($1450 per month), the other 1100 sq feet ($2610 per month)
Growth & Expansion
Excellent area for growth potential.
Financing
Some seller finance with acceptable offer.
Support & Training
Nine highly trained employees
Reason for Selling
Retirement
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