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For Sale: Allstate Agency - Well Established, Elite, 13 Yrs - Charleston, South Carolina

$1,375,000.00

Asking Price

  • Address: Charleston, 29407.

  • Status: Active

  • Posting ID: 287114

  • 6/14/24

Description

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

To get more information about this Allstate Agency - Well Established, Elite, 13 Yrs business for sale in Charleston please phone Ralph Cummings at 919-694-0843 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #287114 on BizBen.com. In addition to phoning Ralph Cummings, make sure you email Ralph Cummings above to get more info about this Allstate Agency - Well Established, Elite, 13 Yrs, to ask any questions or request an appointment to see this business for sale. Thank you. Energia Partners.

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Contact

  1. Name: Ralph Cummings
  2. phone iconPhone: 919-694-0843
  3. phone iconPhone: --

Details

  1. Asking Price: $1,375,000.00

  2. Down: N/A

  3. Cash Flow: N/A

  4. Revenue:    N/A

  1. Area: Charleston

  2. City: Charleston

  1. Attributes:

    Broker Cooperation

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