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Bend, Deschutes County, Oregon
Asking Price
$899,000
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Name: Ralph Cummings
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Ralph Cummings
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Posting ID:
286324
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Posting Title
Allstate Agency - Dynamic City, High Growth
Posting ID
#286324
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Recommended Businesses
Bend, Oregon
Allstate Agency - Dynamic City, High Growth
$ 899,000
Company: Allstate City/State: Bend, OR County: Deschutes Zip Code: 97701 Location Available: 1691 sq ft office. Joint office building in an upscale professional area. Consists of CPA firm, Orthodontist, Mental Health Counselor, and Chiropractor. Nearby businesses include a Costco, Safeway grocery store, fast food chains/several restaurants, and a Wells Fargo Bank. Rent/Lease Terms: 3-year lease started May 2023. Option to renew for another 3 years. Rent/Lease Rate: $3,534.19 per month F&E Available: Furniture and Equipment to convey Years In Business: Approaching 1 year at this location. Almost 11 years in total. Location Photos: Available upon Request Current Agency Staffing: -3 fully licensed -2 work in office -1 works remote Asking Price: $899,000 Annual New/Renewal Revenues: Available upon request with Signed NDA. Earned Premium: $3.4M including brokered book. Bank Financing Available: Local and national lender referrals available on request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required Detailed Financial Reports: Confidential until NDA received GENERAL INFORMATION For sale is a well-managed turnkey Allstate agency located in the dynamic city of Bend, Oregon. This agency has approximately $3.4 Million including brokered book Million in earned premium with excellent opportunity for growth in cross sales as well as life/financial services. There is an extremely low loss ratio and customer loyalty has created excellent retention in the book. The current owner is available to assist with transition and guidance. Bend, Oregon has a lot of building projects going on which means more households/more growth. The agency is also paperless, the furniture is new, and the technology is up to date. This is an exciting opportunity in a thriving area and will not last long! For More Information Please Contact: Energia Consultant Partners, LLC Corporate@EnergiaPartners.Com
Online / Remote
Allstate Agency - Insurance Industry
$ 290,000
CF : $ 120,000
The Agency has an excellent Loss Ratio and a nice Retention Ratio. It is open 5 days a week 9:00 am to 5:00pm. The owner has set up Customer Service which attracts many new Buyers of all types on insurance sales. Allstate Insurance now provides world wide trips for the Agent and his significant other. This is fully paid for by the company. Note call Dale Huffman 714-928-5138
Greenville, South Carolina
Allstate Agency - Turnkey, Established
$ 950,000
LOCATION Company: Allstate City/State: Greenville, SC County: Pitt Zip Code: 27834 Location Available: Offices are located in a retail area. Great signage and visibility. Total area is 1,200 square feet. Multiple offices and workstations. Neighboring business include legal office, healthcare offices, restaurant, etc. Rent/Lease Terms: Lease is on a 4-year term. Current term ends July 2025. Rent/Lease Rate: $1,350 per month F&E Available: Furniture and equipment convey. Years In Business: 15 years Location Photos: Available upon request. Current Agency Staffing: The agent, 1 sales and 1 customer service. Asking Price: $950,000 Annual New/Renewal Revenues: Confidential until NDA receieved. Earned Premium: $3,700,000 including brokered book. Bank Financing Available: Local and National Lenders available upon request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required. Detailed Financial Reports: NDA required. GENERAL INFORMATION Established turn-key agency located in the beautiful city of Greenville, SC. It has over $3.7M in earned premium that consists of a preferred auto/homeowner customer base plus a brokered book! Excellent opportunity for growth in cross sales as well as life/financial services. The current owner is available to assist with transition and guidance. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won’t last long on the market! For More Information Please Contact: Energia Consultant Partners, LLC Corporate@EnergiaPartners.Com
Greer, South Carolina
Allstate Agency - Established For 43 Years
$ 1,250,000
LOCATION Company: Allstate City/State: Greer, SC County: Greenville Zip Code: 29650 Location Available: The office is a stand-alone duplex, brick and only 4 years old, roughly 1,250 sqft, located on a busy residential intersection. It's divided into 4 individual offices, all with window views, 1 good sized reception area with receptionist desk. 2 bathrooms, 1 storage room and 1 kitchenette. Rent/Lease Terms: Seller owns the building and prefers buyer to sign a 2-year lease (negotiable). Rent/Lease Rate: $1,900/month - Negotiable F&E Available: Furniture and equipment convey. Years In Business: 43 years in business, 33 years in the same location Location Photos: Available upon request. Current Agency Staffing: 2 FT staff (both licensed), 1 PT; all will transition to new owner. GENERAL INFORMATION Asking Price: $1,250,000 Annual New/Renewal Revenues: NDA Required Earned Premium: $4.8M Allstate, plus brokered book Bank Financing Available: Local and National lender referrals available upon request. Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required. Detailed Financial Reports: NDA required. Established 43 yr. agency is located in a growing community near Greenville, South Carolina. This $4.8M earned premium Pro agency consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Great potential to increase revenues as well as performance bonus based on growth, retention, etc. Experienced, licensed staff are willing to transition with the sale while the current owner is open to a short term transitionary consulting relationship if desired. The agency is process driven and will be seamless in transition for the next owner. For More Information Please Contact: Energia Consultant Partners, LLC Corporate@EnergiaPartners.Com
Waynesville, North Carolina
Allstate Agency - Charming Location, Turnkey
$ 508,000
LOCATION Company: Allstate City/State: Waynesville, NC County: Haywood Zip Code: 28786 Location Available: Office is in a ground floor space and is one of four offices in the building. It has approximately 1,250 sq ft. 5 workstations with the ability to expand to 6. Windows 11. State-of-the-art copier/scanner/fax, Roku TV for streaming Allstate channel, 2 bathrooms, kitchenette, foyer, lobby. Rent/Lease Terms: Original lease was a 3-year term signed in 2016. Currently month to month. No rent increases since 2016. Rent/Lease Rate: $1,250 a month. F&E Available: Furniture and equipment to convey. Years In Business: This book was started before 2009. Current owner has been at this location for over 8 years. Location Photos: Available upon request. Current Agency Staffing: Two staff members. 1 licensed for Life and P&C and one CSR who is getting P&C licensed. Both will likely transition. GENERAL INFORMATION Asking Price: $508,000 Annual New/Renewal Revenues: Confidential until NDA received Earned Premium: $2,500,000 including brokered book. Bank Financing Available: Local and national lender referrals available on request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required Detailed Financial Reports: NDA required Well-established $2.5 million dollar Pro agency is located in charming Waynesville, NC. This turnkey agency is in a centrally located bustling retail section of town and in the heart of the mountains! The office has neighbors that include restaurants, a pet store, law office, medical office, financial services and a salon, to name a few. Agency consists of a preferred auto and homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Potential to increase revenues through new and renewal commissions and bonus. Agency owner is well-connected in the community and has developed solid customer loyalty. Take advantage of this rare opportunity, as it will not last long! For More Information Please Contact: Energia Consultant Partners, LLC Corporate@EnergiaPartners.Com
Richland County, South Carolina
Allstate Insurance Agency - Fully Trained Staff
$ 269,000
For sale is a well-established pro-tier Allstate agency, with over 4 years in the same location. It is located just off a main road in Columbia, SC; the book consists of a preferred auto/homeowner customer base with excellent opportunities for growth in cross-sales as well as life/financial services. This agency has a great history in the growing community, with good retention and bundling. The staff is fully trained, making this a great turn-key operation. Company: Allstate City/State: Columbia, SC County: Richland Zip Code: 29210 Location Available: 950 sqft office in a stand-alone retail space with four units. Nail salon, Closet store, Hair salon are neighbors with a busy grocery store across the street. Excellent signage on a busy road. Rent/Lease Terms: 3 yr lease; renews in 2025 Rent/Lease Rate: $900 per month F&E Available: Furniture and Equipment to convey. Years In Business: 4 Location Photos: Available upon request. Current Agency Staffing: Agent, plus one P&C licensed rep that will transition Asking Price: $269,000 Annual New/Renewal Revenues: Confidential until NDA received. Earned Premium: $1,200,000 + Brokered Book Bank Financing Available: Local and National Lenders available upon request. Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required. Detailed Financial Reports: NDA required.
Charleston, South Carolina
Allstate Agency - Well Established, Elite, 13 Yrs
$ 1,375,000
LOCATION Company: Allstate City/State: Charleston, SC County: Charleston Zip Code: 29407 Location Available: 1,000 sqft office in a one-story strip center with large parking lot on a busy road leading to downtown Charleston. Neighbors include real estate, sports pub, home health, and many others; good signage and visibility. Rent/Lease Terms: 3-year lease; renews Jan 1, 2025 Rent/Lease Rate: $1,400/month F&E Available: Furniture and equipment will convey. Years In Business: 13 Location Photos: Available upon request Current Agency Staffing: 3 licensed staff that perform sales and customer service; 2 will transfer to new owner GENERAL INFORMATION Asking Price: $1,375,000 Annual New/Renewal Revenues: NDA required Earned Premium: $4,750,000 Bank Financing Available: Local and National Lenders available upon request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required Detailed Financial Reports: NDA required For sale is a well-established elite Allstate agency with over 13 years in the same location. The agency manages a $4.25 million Allstate premium, plus a $370,000 Brokered Book and a $100,000 SC Wind & Hail premium. Located in historic Charleston, SC, this turnkey agency serves a preferred auto and homeowner customer base with a loss ratio under 60% and retention over 90%. There is excellent growth potential in cross-sales as well as life and financial services. The current owner is available to assist with the transition and provide guidance. This opportunity won't last long on the market! For More Information Please Contact: Energia Consultant Partners, LLC Corporate@EnergiaPartners.Com
Jackson County, North Carolina
Allstate Agency - Established, Turnkey, Elite Tier
$ 699,000
LOCATION Company: Allstate City/State: Cashiers, NC County: Jackson Zip Code: 28717 Location Available: Office space is located on the 1st floor of a commercial office building. 1,200 sq. ft. 3 desks in the office with a small meeting table towards the back of the office, there are 6 laptops, 5 Ultra Wide 34-inch monitors, and an office printer available. Rent/Lease Terms: Current rent is $1,205, lease renewal is in May. Three yr term. Rent/Lease Rate: $1,205 per month. F&E Available: Furniture and Equipment to convey Years In Business: 3 years. Location Photos: Available on request Current Agency Staffing: NDA required. GENERAL INFORMATION Asking Price: $699,000 Annual New/Renewal Revenues: Available with NDA. Earned Premium: $5,300,000 plus brokered. Bank Financing Available: Local and national lender referrals available on request Seller Financing Available: If necessary, terms negotiable. Satisfactory collateral required Detailed Financial Reports: NDA required. Established $5.3M million-dollar agency is located in the serene mountain community of Cashiers, NC. This turnkey Elite-tiered agency is located less than a mile from the center of the town and business district in the heart of a great small-town community. This Agency is Categorized as a "Rural Market", so numbers required for Allstate VC goals are much lower than an agent located in a major city. This means higher profitability is very attainable! *52% of the book is multiline, so plenty of opportunity to work the book and cross sell existing customers. Three state agency NC, SC, and GA. GA is known for producing higher premiums. Potential to increase revenues through new and renewal commissions and bonus. Next closest Allstate agency currently is 32 miles away. Foot traffic at the location is minimal. Agency owner is well connected in the community and has developed solid customer loyalty. The Cashiers, NC area is full of high value properties. It's part of the Blue Ridge Mountains and known for vacationers and secondary property owners from out of State, and Golfers as there are 16 golf courses in the area! Take advantage of this rare opportunity because this will not last long! Especially with the lower VC goals! For More Information Please Contact: Energia Consultant Partners, LLC Corporate@EnergiaPartners.Com
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