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Greenville, Greenville County, South Carolina
Asking Price
$950,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Ralph Cummings
Phone: Show phone number
Name
Ralph Cummings
Phone
Show phone number
Posting ID:
293140
Attributes:
Broker Cooperation
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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
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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

Greer, South Carolina
Allstate Insurance Agency
$ 576,000
For sale is an established 7-year Allstate Agency in rapidly growing Greer, SC, just outside of Spartanburg. This $2.74m agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales as well as life/financial services. It is an additional quality brokered business with consistent revenue. There is great potential to increase revenues as well as performance bonuses based on growth, retention, etc. Customer loyalty ratings are above average. Retention is very high, and multi-line and loss ratios are excellent. The agency is process-driven and will be seamless in the transition for the next owner. A 1,000 sq ft office is available; one floor in a shopping center. The office is located on the side with a huge anytime fitness center. There are many businesses around: Zaxby's, Thai restaurants, used car dealers, attorneys, builders, real estate, Bank of America, etc. There are 4 offices with desks, 4 computer stations plus 2 laptops, lunchroom table and chairs, refrigerator, microwave. It has good signage and visibility. They have been at this location for 7 years. There is 1 LSP. There is a possible transition to the new owner. The asking price is $576,000. Detailed financial reports are confidential until an NDA is signed. Earned premium is $2.74m plus $250k brokered book. Local and national lenders are available upon request. Seller financing is available if necessary, and terms are negotiable. Rent/lease terms are negotiable. The current agent owns the building. The lease is $1,800-2,000/month which is negotiable. All office furniture and equipment to convey.

Wilmington, Delaware
Allstate Insurance Agency
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This well-established award-winning Agency has been serving the Wilmington area since 1986. The office is located between several major cities on the East Coast and has a diverse population of many rich cultures and communities. Being located by the Prices Corner Shopping Center off Kirkwood Highway makes it very accessible to new and potential clients; this agency has over the years received many awards and has high customer service ratings and good retention and loss ratio numbers; The income should provide a good cash flow given its low overhead and expenses. The selling agent is open to negotiation in terms of buying or leasing the property; it's priced to move fast, so don't delay

Houston, Texas
Allstate Insurance Agency
$ 511,450
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services. Good potential to increase revenues through new & renewal commissions as well as performance bonuses based on growth, retention, etc. An experienced, licensed staff member is willing to transition with the sale while the current owner is open to a short-term transitionary consulting relationship if desired. The owner is still focused on growing the agency in 2023.

Aiken, South Carolina
Allstate Insurance Agency
$ 833,000
For sale is an established agency in Aiken County South Carolina with a great business climate. The agency has an excellent retention ratio of 90% + and a very profitable loss ratio. The agency consists of preferred auto/homeowners with a great opportunity to grow in cross-sales as well as life and financial services. if you are looking to own your own business in a progressive area, this is a great opportunity! The asking price is $833,000. Revenue is $474,235. Earned premium is $3,700,000. Bank financing referrals are available. The seller is open to negotiation for financing. Detailed financial reports are available with an NDA. They have an excellent licensed staff with 17 years of experience; 1 full-time and 1 part-time staff as well. The staff has developed an excellent relationship with clients and is willing to stay with the new owner.

Sacramento County, California
Elite Allstate Agency - Approved SBA Loan
$ 720,000
CF : $ 290,000
Multiple awards agency ( Honor ring recipient, Inner circle, Leaders Forum) , Elite agent and yearly bonus every year ( average commission including bonus over the last 3 years $350,000, in 2023 over $ 429,000 ). Independently appraised for $ 835000. SBA loan in place for a potential buyer. Beautiful office, lots of natural light, open space, agent owns the building where the agency functions and is ready and willing to help with the transition. Turn key operation with very good selling and retention processes and procedures. Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 31% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. • Agency Earned Premium $3.8M • Agency Revenues (Annual) $350000+ • Agency Overhead Expenses (Annual) $60,000 • Policies in Force 2000+ • Retention Ratio 84% • Loss Ratio 56% • Furniture, computers and signs included in sale • Paid up Ideal traits membership ( employment software ) for 2025 which can be transferred to buyer Key Benefits: 1) Thriving Business: This established insurance agency has experienced steady growth through strategic grassroots and local marketing efforts. It's a business that's already on an upward trajectory, poised for further success. 2) Strong Customer Base: Take advantage of the existing book of business, boasting over 2000 policies in force. This will provide you with a solid foundation and a loyal customer base to build upon. 3) Financial Transparency: Comprehensive profit/loss/expense reports are available, giving you a clear picture of the agency's financial performance. 4) Lease Options: great options available for negotiation at this location. 5) Generous Rewards: As a Allstate Insurance agency owner, you'll enjoy a range of incentives, including signage bonuses, monthly and annual performance bonuses, and various avenues to earn additional revenue. Your hard work and dedication will be handsomely rewarded. 6) Unparalleled Support: With Allstate , you're in business for yourself, but you're never alone. Benefit from the best of both worlds with a local experienced team and remote corporate support. We are dedicated to helping you achieve your goals and flourish in your business. https://www.allstate.com/lps/ea 7) Accelerated Training Program: No prior insurance experience? No problem! Our accelerated training program equips you with all the knowledge and skills you need to run a successful insurance agency. Detailed training program outlined on a daily/weekly/monthly basis to make sure you will achieve! Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 31% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. Don't miss this incredible opportunity to invest in your future with Allstate Insurance. The time has never been better to join our renowned brand and enjoy the freedom of owning your own business.

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Your opportunity to own and grow an independent agency under the established brand of Renegade Insurance. Founded in 2018, Renegade Insurance is a modern, technology-driven insurance brokerage, operating in various states. The financial potential of this business is substantial, offering up to 80% of agency commissions on new and renewal business, creating a lucrative revenue stream. As an owner, you will also have the opportunity for Renegade stock options and have access to multiple exit strategies, including buyouts, adding to the financial appeal of this venture. To ensure your success, Renegade Insurance provides comprehensive training and support. This includes a 2-week onboarding boot camp, marketing support, a dedicated account servicing team, and continuous business development assistance. Franchisees also benefit from access to top national and regional carriers across both personal and commercial lines. Renegade seeks ambitious professionals, whether captive agents ready to go independent, producers looking to scale, or entrepreneurs starting fresh, who are passionate about building a trusted, community-focused insurance agency.
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