This is a well-established Allstate Insurance and Financial Services Agency with 35 years in the same location. The health of the business is strong and predictable with high customer retention rate and a 24MM loss ratio of 38.02%. Premium level has held steady at $2.5 Million bringing in $260K a year in renewal revenue. Agency is poised for new ownership to launch fresh marketing and will need to increase staff levels. This is the only Allstate agent on the West Side of South Bend making this perfect timing for an acquisition and revitalization. All prospective buyers will go through Allstate’s candidate screening process prior to buyer seller introduction. Negotiations on the sale of this business will remain between buyer and seller with Allstate giving final approval. Prospective buyers must contact the poster of this ad for consideration. The seller has asked not to be contacted directly.
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