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Rocky Mount, North Carolina
Asking Price
$1,270,000
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:
286695
Attributes:
Broker Cooperation
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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

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

Asheville, North Carolina
Allstate Insurance Agency - 50 Plus Year History
$ 1,245,000
This is a well-established Allstate agency located in majestic Asheville NC. This $3.867 million earned premium agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. Customer loyalty has created excellent retention in the book. The current owner is available to assist with transition and guidance with this wonderful opportunity to acquire an established turnkey operation. This ideal agency is a highly well-positioned business for a new owner to purchase and grow. The office is located in a retail strip center with good visibility and signage. The total area is approximately 1,575 square feet with 6 workstations, all in individual offices. Neighboring businesses include a pharmacy, DMV, restaurants, an ice cream shop, and a hair salon. The current lease expires in April 2022. The rent is $2,256 a month. F&E is available with fixtures and equipment to convey. The original agency was established over 50 years ago. The current owner took it over in 2000 from the founder and kept the name of the agency the same. The location photos are available upon request. Current agency staffing includes 2 sales and 1 customer service. All are licensed and will transition.

Winston-Salem, North Carolina
Allstate Insurance Agency - Well Managed, Turnkey
$ 1,600,000
This is a well-managed, turnkey Allstate agency located in the dynamic city of Winston-Salem, NC. This second-generation family-run agency has approximately $5 million in earned premium that consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. The agency has 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. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won't last long on the market.

High Point, North Carolina
Allstate Insurance Agency - Great Visibility
$ 980,000
This is an established agency in a great High Point location. The agency consists of a preferred auto and homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. A low loss ratio has created a profitable book. This agency sale creates a wonderful opportunity as it is a turnkey operation. The current owner is available to assist with transition and guidance. It is 1,900 square feet of retail office space with great visibility and signage. Restaurants, offices, and retail shops surround the location. The office faces one of the busiest streets in High Point. It is part of a 7-year lease that expires in February 2023. The rent is $2,400 a month. F&E is available, and furniture and equipment convey. It was established in 2005. Location photos are available upon request. Current agency staffing includes 2 licensed producers and 1 part-time telemarketer. The agency has a successful relationship with an Exclusive Financial Specialist.

Winston-Salem, North Carolina
Allstate Insurance Agency
$ 1,600,000
For sale is a well-managed turnkey Allstate agency located in the dynamic city of Winston Salem, NC. This second-generation family-run agency has approximately $5 million in earned premium that consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services. The agency has 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. This is a wonderful opportunity to acquire an established turnkey operation with excellent cash flow. This won't last long on the market. The asking price is $1,600,000. Confidential until NDA signed. (H). Earned premium is $4,900,000 Allstate plus remainder broker book. Local and national lender referrals are available on request. If necessary, terms for seller financing are negotiable. There is a condominium office space located in an executive office park by a major highway and close to Forsyth Tech, with good visibility, and signage. There is room for six office workstations, and a conference room, a total of 1,500 square feet. Other tenants include an attorney, CPA, and chiropractor.

Greensboro, North Carolina
Allstate Insurance Agency - Great Customer Loyalty
$ 890,000
An established 51-year family-run Allstate agency is located in one of the Greensboro area's great communities. This $3.5M earned premium agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. The office space is in a brick standalone in a high-traffic area with good visibility and excellent signage. There is room for six office workstations, a kitchenette/restroom, and storage. It is 1200 sqft, and the owner is offering a 3-5 year or longer lease with first right of refusal. The lease rate is $1200 per month with utilities not included. F&E is available, with furniture and equipment to convey. Customer loyalty has created excellent retention in the book. The current owner is available to assist with transition and guidance with this wonderful opportunity to acquire a well-established turnkey operation. This ideal agency is a highly well-positioned business for a new owner to purchase and grow with licensing in the states of North Carolina and Virginia. This is a 51-year established family-run agency. The current owner began in 2005. Location photos are available on request. There are three licensed professionals, plus an agency owner. The current team has over 40 years of experience. The agency owner is open to assisting with the transition. The agency also has a great Exclusive Financial Specialist Partnership.

Mebane, North Carolina
Allstate Insurance Agency
$ 1,160,000
Well-established 28-year agency with 22 yrs in this same location! Located in growing Mebane, NC (between the city centers of Raleigh and Greensboro), this $5M+ 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 boasts above-average retention and renewal rates. The agency is process-driven and will be seamless in the transition for the next owner. This size and location won't last long! 1,000 sqft storefront in rapidly-growing Mebane, NC (midway between Greensboro and Raleigh); open layout with 3 workstations, the office is in a large Wal-Mart shopping center and is a bill-pay location (electric, telephone, and direct tv) which increases walk-in traffic; with room to grow. Tanger outlets are nearby; Good signage and visibility. Rent/Lease Terms: The lease renews in June 2023. Rent/Lease Rate: $1,900 per month. F&E Available: All office furniture and equipment to convey. Years In Business: 28 years, 22 yrs in Mebane. Location Photos: Available upon request. Current Agency Staffing: 1 LSP, 1 support staff, 1 remote bilingual (Spanish) admin.
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