NEW PRICE! Allstate Agency in West Albuquerque, NM!
Business Description
Exceptional growth in this well-established, long term (30 years) $4.38M Allstate Agency. This Elite Level agency has excellent retention at 88.98% and is nestled in a high growth area giving it amazing potential with the right buyer.
About the Business
- Years in Operation
- 29
- Employees
- 3
- Franchise
- This business is an established Allstate Insurance Agency franchise
- Facilities & Assets
- Retail center office has been in place for 30 years and includes 900 square feet of space.
- Opportunities for Growth
- Excellent opportunity for continued growth as this area of New Mexico is experiencing rapid growth. New data from October 2024 shows earned premium continues to increase while loss ratio continues to decrease. Proving once again this agency is in growth mode, is the latest data from Q1 of 2025 shows an increase in overall premium as well as retention! This agency is HOT!
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 900
- Rent
- $1,556.00 per month
- Lease Expiration
- 3/31/2026
About the Sale
- Seller Motivation
- Moving and retiring
- Transition Support
- Two full time licensed and trained staff and one part time staff comes with the agency. Training provided by Allstate and world-class training available from Craig Wiggins Coaching and Consulting, Inc.
- Financing Options
- Seller willing to finance up to 50% of the purchase price
Listing Info
- ID
- 2263489
- Listing Views
- 1643
Listing ID: 2263489 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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