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Charleston, Charleston County, South Carolina
Allstate Agency - Well Established, Elite, 13 Yrs
Asking Price
$1,375,000
Revenue
N/A
Down
N/A
Cash Flow
Call/Email
Name: Ralph Cummings
Phone: Show phone number
Name
Ralph Cummings
Phone
Show phone number
Description
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
Posting Information
Posting ID:
287114
Business Category:
Banking & Finance, Service
Business Types:
Insurance Service, Insurance Brokerage
Keywords:
Charleston, Charleston county, south carolina, allstate, agency, insurance
Attributes:
Broker Cooperation
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
Allstate Agency - Well Established, Elite, 13 Yrs
Posting ID
#287114
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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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
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