, California 9 views 0 favorites
This agency would be a great purchase for someone who just is looking for more growth through acquisition. The Seller has been generating approximately $120,000 per year income and it Nets him approximately $100,000 per year. His Loss ratio is 40% and retention is a solid 92%. This Allstate Agency is the North Area of Orange County, California. The Annual Gross Premium is $1,250,000. The Annual Gross Net Profit is $112,000. Contact Dale Huffman at 714-928-5138 The agency has a part-time employee to help with customer services issues. Location: Stanton, California Year Established: 1977 Number of Employees: 2 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 600 Rent: $987.00 Per Month Lease Expiration: 6/1/2022 Facilities: Two Story Building in the Inner City. Agent has a two private offices and a very nice lobby. Unlimited parking. Market Outlook/ Competition: Price for Allstate products is extremely competitive and nationwide in claims service. The advertising done by Allstate Corporate for T V and social media is year round. Growth & Expansion: This is a smaller Agency with a long history of good customer service and multi-line sales within the book of business; it is a perfect acquisition for an established Allstate Agent. It would be combined with a book in force at new location. It also would make a good starter for a new agent coming to work for Allstate.
Listed: Apr 21, 2022
Updated: 12 hours ago
Views: 9
Favorites: 0