Insurance Agencies for Sale

NW Suburban Phoenix Agency For Sale

Posted: July 20, 2020
Location: Arizona
Ask Price: negotiable
Gross Revenue: $1,671,323

A 14-year scratch Allstate agency well established in one of the valley’s largest, fastest-growing suburbs. 86% P&C retention and 100% 24-month life retention, 24-month loss ratio of 42%. The city of Surprise is 20 miles NW of Phoenix and grew 32%+ from 2010-2020. Policies are state-wide, but 80% in the N & N/W suburbs. Extremely high customer satisfaction rating with 4.9/5 on Google (55 Reviews), 4.5/5 on Allstate.com with 235 Reviews. The same location for 14 years; the lease is currently month to month. Tenured, Bilingual, licensed P&C professionals’ staff. Good potential to increase revenues through new & renewal commissions as well as performance bonuses based on growth, retention, etc. It will be a seamless transition for the next owner. The current owner is open to a short-term transitional consulting relationship if desired. Agent relocating. Surprise population growth, 2000 – 30,848; 2010 – 107,517; 2020 – 142,049. The area is becoming the business and retail center for NW Phoenix Metro Area. A primary agency for Sun City Grande, Sun City West, and Sun City Festival. Sale price negotiable.

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