Tenured Allstate agency with high growth potential
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.
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
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.



