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.
Ad#:2311163
