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Allstate Agency in NE Tennessee
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Exceptional, Pro-Level Allstate agency since 1961!
This Pro-Level Allstate agency nestled in NE Tennessee has been going strong since 1961! Started by a grandfather of the current owner, this locally built agency has a loyal customer base that has been in place for decades. With fantastic retention at 86.9%, low overhead expenses and exceptional growth potential, this agency won't be available for long. Sitting at $4.8M in premium and over 2800 active policies, this agency acquisition would provide immediate revenue to its new owner.
About the Business
- Years in Operation
- 65
- Employees
- New owner will need to discuss staffing options with the seller.
- Franchise
- This business is an established Allstate Insurance Agency franchise
- Facilities & Assets
- Current office space is leased as two separate spaces with a total of 2400 square feet and a lease payment of $3,300/month. New owner would need to negotiate the lease space and monthly payment.
- Market Outlook / Competition
- Low competition as the area is not saturated with other insurance agencies.
- Opportunities for Growth
- Exceptional growth opportunities as the book has a very well-established and loyal customer base with little competition.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $3,300.00 per month
- Lease Expiration
- 1/31/2029
About the Sale
- Transition Support
- Training provided by Allstate. Advanced training available from Craig Wiggins Coaching and Consulting.
- Financing Options
- Seller willing to finance up to 10% of purchase price.
Listing Info
- ID
- 2519205
- Listing Views
- 61
Listing ID: 2519205 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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