Tenured Allstate agency with high growth potential

Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

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Tenured Allstate agency with high growth potential


Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
This established Allstate insurance agency presents an exceptional acquisition opportunity in the thriving Spartanburg market. The agency has demonstrated consistent operational excellence with $3.6 million in earned premium and maintains superior client retention metrics of 87% overall, with an impressive 88% retention rate for clients with five or more years of tenure.

The agency holds Property & Casualty appointments in both North Carolina and South Carolina, providing geographic diversification and expansion opportunities. Operations are supported by one experienced staff member who brings institutional knowledge and established client relationships to ensure seamless continuity.

Financial performance indicators reflect strongly, with low loss ratios maintained across all major product lines. This operational efficiency contributes to the agency's profitability and positions it favorably for continued growth.

The business operates from a highly visible commercial location, with the seller maintaining ownership of the building and expressing willingness to negotiate favorable lease terms with the purchaser. This arrangement provides operational stability and potential cost advantages for the new owner.

Included in the transaction are all furniture, fixtures, and equipment necessary for immediate operations. The seller has committed to providing comprehensive transition assistance to ensure successful knowledge transfer and client relationship continuity.

This agency represents significant growth potential within an established market presence, supported by strong retention metrics, experienced personnel, and operational infrastructure positioned for expansion.
About the Business
Years in Operation
14
Employees
3
Currently Relocatable
Yes
Franchise
This business is an established Allstate Insurance Agency franchise
Facilities & Assets
Office lease available in a highly visible location.
Furniture and equipment included.
Website
https://gatewayconsultinggroup.com/
Market Outlook / Competition
Highly desirable and vibrant community.
P&C appointments in SC & NC to maximize marketing efforts.
Opportunities for Growth
Allstate offers competitive monthly and annual bonus opportunities.
Additional acquisition opportunities may be available in order to bundle with another agency.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Owner is pursuing other business ventures.
Transition Support
Training and education provided by Allstate.
Seller willing to assist with the transition.
Financing Options
Some seller financing available.
Listing Info
ID
2311163
Listing Views
1750

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Business Listed by: Linda Wagner Gateway Consulting Group LLC

Listing ID: 2311163 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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