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For Sale: Allstate Agency - Well Established - Rocky Mount, North Carolina

$1,270,000.00

Asking Price

  • Address: Rocky Mount, 27804.

  • Status: Active

  • Posting ID: 286695

  • 5/22/24

Description

For sale is a well-established pro-level Allstate agency in rapidly growing Rocky Mount, NC. This $3.9M agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. The business and staff are well-known in the community.

LOCATION

Company: Allstate
City/State: Rocky Mount, NC
County: Nash
Zip Code: 27804
Location Available: Stand alone office; 1,994 sqft (plenty of room for another business in this location); located near a convenience store, bank, fast food restaurant, gas station, check cashing, auto repair shop. Excellent signage and visibility on a highly trafficked road. Four workstations and small break room/kitchen area.
Rent/Lease Terms: Owner-owned; rent will be $2.850/month for new owner
Rent/Lease Rate: Negotiable
F&E Available: All business equipment and furniture will convey
Years In Business: 28 yrs in this location; 50 yrs in business
Location Photos:  Available upon request
Current Agency Staffing: 3 sales people and 1 CSR. All three sales reps are P&C licensed and 2 of them have Life & Health as well.

GENERAL INFORMATION
 
Asking Price: $1,270,000
Annual New/Renewal Revenues: NDA required
Earned Premium: $3,900,000 + 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

Well-established Pro-Level Allstate agency in rapidly growing Rocky Mount, NC. This $3.9M agency consists of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Business and staff are well known in the community; active in the community; only agency in the area with Allstate for 50 years; More than 50% of the business comes from referrals because of our community involvement. High retention, customer loyalty, and a tenured staff that will transition to the new owner make this a great find.

For More Information Please Contact:

Energia Consultant Partners, LLC
Corporate@EnergiaPartners.Com

To get more information about this Allstate Agency - Well Established business for sale in Rocky Mount please phone Ralph Cummings at 919-694-0843 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286695 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, 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

Details

  1. Asking Price: $1,270,000.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    Call/Email

  1. Area: Rocky Mount

  2. City: Rocky Mount

  1. Attributes:

    Broker Cooperation

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Related Links & Information Regarding This Posting

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