Chula Vista, CA

23 award-winning, 4.0 licensed team with 8 years winning together. Top producing local, life-licensed, office manager. This turnkey (900 sq ft agency) dominates Google web search for insurance keywords in the surrounding 12 zip codes. The agent was an internet marketing manager in a previous career. Breakroom and 6 workstations, fully furnished with 2 offices. Prime legacy agency location, beautiful corporate feel and secure with visibility, stability and presence as an Allstate agency since 1998. Over 100,000 cars drive past our storefront location daily on busy Broadway in between Costo Center and Chula Vista Mall. Convenient customer parking directly in front of the agency door. The agency has referral relationships with over 25 property managers in the surrounding areas. Agent is relocating and looking for the right successor to continue the 5-star rated service and growth our team and clients are accustomed to.

Financials

• Asking Price
  $1,000,000
• Agency Earned Premium
  $4,124,858
• Agency Revenues (Annual)
  $554,512.60 (2023)
• Agency Overhead Expenses (Annual)
  $322,253.75 (2023)
• Policies in Force
  2,104
• Retention Ratio
  0-2 Years 70.28%, 2+ Years 77.35%, 2-5 Years 71.34%, 5+ Years 81.62%
• Loss Ratio
  (12MM) 53.83% - 60.67% (24MM)

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