Established Agency in Rapidly Growing TN Suburb

Executive Summary

Retiring Agent looking to sell a top performing, turn key agency in the fast growing State of Tennessee. This $11M book of business hosts an incredible 90% retention rate, with an amazing infrastructure to hit the ground running. Agency performance has been a standout throughout the decades of operation, positioning it as a top 5% elite level agency across the country. Agency has significantly outperformed the market the past few years showing dramatic new business growth while maintaining high retention numbers.

If you’re looking for an agency with an amazing foundation, incredible loss ratio, great retention, and the proven ability show rapid growth, then there is no better option in the state then this agency. For an additional cost, agent is willing to sell the building, to allow aggressive buyers the potential to have a smooth transition directly into high production.

Location: Tennessee (exact location disclosed post NDA)
Year Established: 1980
Number of Employees: 5
Franchise: Allstate
Rent: Real estate owned. Open to new lease
Facilities: This is a large office with plenty of room for more expansion
Growth & Expansion: Focuses on referrals with an established stream
Reason For Selling: Retiring
Training/Support: Training through Allstate University, in addition to owner staying on for 30 days.
SBA: Prequalified

Listing ID: 1297

Asking $2,500,000
Gross Revenue: $720,000
Cash Flow: Available in info kit
EBITDA: Not Disclosed

Excellent loss runs

Proven ability to grow quickly

90% retention rate

Standout throughout the decades of operation

What's included in info kit:

3 yrs tax returns

2 yrs P&L

CIM (Confidential Information Memorandum)