Business Description

Located in bustling New Orleans, Louisiana 70127, this high-performing Allstate agency boasts an earned premium of $3,291,233 with a remarkable retention rate of 89.45%. Generating $12 million in gross revenue, the agency's profitability stands at a solid 40.7%, with a normalized EBITDA of $189,843. The current team includes two licensed sales producers and the lease, which renews monthly at $1,200, is owner-occupied. All furniture, equipment, phone systems, and computers are included in the sale price of $750,000, with the option for seller financing not available. Situated in a diverse business community in east New Orleans, the Agency's client base primarily consists of preferred auto and homeowner customers, presenting ample opportunities for cross-sales growth. With a strong focus on customer satisfaction reflected in outstanding retention rates, this Allstate Agency shows great potential for increased revenues and performance bonuses tied to new business growth and retention. The