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Muncie, Delaware County, Indiana
Asking Price
$145,000
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:
278571
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Elite Allstate Agency located in Northern California. The staff is fully licensed with Casualty Licenses and Life & Health Licenses. They have been with the Agency an average over 10 years. Loss Ratio is in 40's percental. Retention in 80's percental. The Seller has trained the staff to handle all Service and Claim issues on a daily basis. The Office Manager is trained to administer any issues that come up with the size of this mega agency. Allstate allows agents to buy additional agencies when the agent desires to expand and has attained the qualifications for acquisition. Contact Dale Huffman 714-928-5138 The Company also sends their Qualified Agents on World wide trips with their significant other completely paid for by the company.

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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 21% 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. This is one of the Premier Elite Agencies with Allstate Insurance Company. It has a 49% Loss Ratio and 90% Retention. The Staff is highly trained and Manager has been with the Agency over 15 years. The Lease is excellent at $2000 per month and has 1000 sq. ft. Allstate provides world wide trips for its Agents when they qualify on production. Totally paid for by the Company with spouse also included. Agent is retiring but will totally be involved with training. Allstate is a growth-oriented company and does not limit its agents on how much they can write in the Casualty Business. There are Underwriting Guidelines that need to me maintained in order for the company to be profitable, but each agent knows what they are, receives ongoing training for Owners and Staff Associates. Allstate gives the training for the purchase of an Agency. The current Seller will stay, and train for 30 days then be available for ongoing virtual training. The manager is capable of managing the office for extended periods of time. Contact Dale Huffman at 714-928-5138.

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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.
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