Allstate Agency in New Orleans, Louisiana
Business Description
Established insurance agency for sale in the New Orleans, LA area with a total premium of $3,418,467, which consists of $1,500,000 in Allstate premium and $1,918,467 in Citizens at 10% renewal. This seven-year-old book consists of 1,319 policies in force (Allstate & Citizens) and generates $370,000 in revenue, including all commissions. The agency maintains a strong 88.90% retention rate with a 50.70% auto loss ratio. The new owner will need to secure a new office location and add staff. This is a great opportunity to acquire a well-established book with a strong premium base and solid customer retention.
About the Business
- Years in Operation
- 7
- Employees
- 0
- Facilities & Assets
- The new owner will have the opportunity to establish a fresh office space and build a team tailored to their vision for growth and success.
- Website
- https://agencyforsale.com/listings/d1cdae0c-f899-40de-a57c-97a0de1e6af5
About the Sale
- Seller Motivation
- Pursue other opportunities outside of the insurance industry.
- Financing Options
- N/A
Listing Info
- ID
- 2345214
- Listing Views
- 961
Listing ID: 2345214 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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