Allstate Agency in Bangor, Maine
Business Description
Take advantage of a rare opportunity to acquire a well-established insurance agency in the Bangor area as the owner prepares for retirement. This agency generates more than $843,000 in annual revenue from a $6.4 million written premium book and serves 4,462 policies-in-force. With an outstanding 88.27% retention rate, the business has built a loyal customer base and a reputation for long-term client relationships. The office location is available, and an experienced team is already in place to support daily operations and help facilitate a seamless transition. Combining strong recurring revenue, exceptional retention, and an established operational foundation, this agency offers an attractive opportunity for buyers seeking a profitable and respected presence in the Maine insurance market.
About the Business
- Years in Operation
- 35
- Employees
- 4 Full-time
- Website
- https://agencyforsale.com/listings/e34c988e-dca7-4964-a1ef-0c75737979b4
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $1,500 per month
About the Sale
- Seller Motivation
- Owner is retiring.
- Financing Options
- Some owner financing available
Listing Info
- ID
- 2535294
- Listing Views
Listing ID: 2535294 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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