SOLD! Midland, TX
Allstate
SOLD!! Permian Basin Area
Description
SOLD!! $8.1M Book that was established 10 years ago. Turn key book of business that has proven processes to write new business and generate growth. There are over 3390 policies in place with a 86.08% retention ratio and 31.73% loss ratio.
Financial Details
Price
$1,699,000
Premium
$8,110,194
Annual Revenue
$850,000
Expenses
$150,000
Policies In Force
3,256
Retention Ratio
84.84%
Loss Ratio
37.28%