Allstate Agency in Oregon

Allstate
Portland Oregon Area

Description

Well established $5,900,000 premium Allstate Agency in a growing Portland Oregon Suburb. Strong retention at 88%+ . Finished 2023 Pro agency with a great opportunity to continue growth with staff that is experienced and trained in Allstate systems. Currently the staff includes one service agent and one sales agent, who is actively selling policies. The office is large enough to add multiple team members. Located in a nice well maintained Class A business complex with plenty of parking and on the main road. Elevator to the second level. Three large private offices, and a front desk location, two open cubicles for additional caller/ sales desks, small back room for lunch and large printer. Lease includes power, water, garbage, daily cleaning including vacuuming, garbage take out, and dusting, evening security lock up to the main building. Seller is willing to finance up to 10% with an acceptable offer.

Financial Details

Price
$1,300,000
Premium
$5,971,037
Annual Revenue
$524,000
Expenses
$125,000
Policies In Force
3,430
Retention Ratio
88.61%
Loss Ratio
55.61%

Contact the Seller

You need to Register or Login to send an inquiry.