Price Improvement! Allstate Agency North Detroit!
Asking Price: | $950,000 |
Gross Revenue: | $465,249 |
Cash Flow: | $123,249 |
Established Year: | 1982 |
Great opportunity to own an established, 42+ year, Pro Allstate Agency just north of Detroit. This agency is on trend to be Elite for 2025. $4,230,173 total premium includes $4,061,173 of Allstate Written Premium and $169k Ivantage. 2,149 policies, 90.1% Retention and loss of 34.56%. This agency has a PBR of 84% and a Multi Category Bundle Percentage of 62.74%. Located in a seller owned building, the new owner would need a new location or purchase this building. Some owner finance is available with acceptable offer.
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