Financial ServicesVerified Seller
Allstate Insurance Agency in Spartanburg, SC – $599K – Growth Potential
Spartanburg, South Carolina
Asking Price$599,000
Annual RevenueUpon Request
EBITDA / Cash FlowUpon Request
Executive Overview
Seize the chance to own a highly successful Allstate insurance agency, strategically located in the thriving community of Spartanburg, SC. Listed at $599,000, this established business combines robust recurring revenue with an impressive track record, offering a compelling platform for continued growth.
Key Investment Highlights
- •Founded in 2011 with a solid reputation and client base
- •Manages $3.8 million in earned premium
- •Outstanding 90% retention rate; consistently achieved 92%+ over the past five years
- •65% client bundling ratio, driving strong customer loyalty
- •Low loss ratios across all major insurance product lines
- •Licensed for Property & Casualty in both North and South Carolina
- •Staffed by two experienced licensed professionals and a dedicated CSR
- •Prime, highly visible office location with an available lease
- •Sale includes all furniture and equipment for turnkey operations
This agency’s operations are housed in a prominent suite within a building owned by the seller, ensuring not only maximum visibility but also a smooth transition for the new owner. The seller is dedicated to a successful handover, offering support and guidance as needed. With a seasoned team in place, the agency maintains high client satisfaction and operational efficiency.