MergerPlace

Allstate Insurance Agency

New York (Rockland)


  • Asking Price: $1,175,000
  • Gross Income: $4,500,000
  • Cash Flow: $321,298
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208980
  • Established: Not Disclosed
  • Employees:

Business Description

Exciting opportunity to own an existing profitable Allstate Insurance Agency.

This Rockland County Allstate book of Business currently generates $4.5M+ in premiums with an Annual Cash Inflow with Expected Year End Bonus of approximately $569K Annual Net Income is approximately $124K.

Retention: 87%

Bundling: 54%

Why become an Allstate Agency Owner?

•You won’t pay any franchise or royalty fee.

•You own equity in the business you build.

•Earn repeat revenue from policy renewals.

•There are no caps on earnings

•Receive high competitive commissions, recognition and production incentives.

•Diverse portfolio of insurance products from auto and home to home and life to business.

•Allstate Agency Owners have one of the most recognizable and trusted brands in the US providing support.

This a great opportunity for an insurance professional looking to grow their insurance business and align themselves with a trusted leader in the industry.

Education reimbursement available from Allstate for qualified candidates.

Financing is also available qualified Buyers.

Contact me ASAP for more details about this agency and information about our next Allstate ownership overview event.


Business Details

Primary Business Category: Finance - Insurance Carriers & Related
Location: New York
County: Rockland

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,175,000
Gross Revenue: $4,500,000
Cash Flow: $321,298
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Premium projected to grow to $5.4M by year four

Support & Training:

Available

Contact Business Seller

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Business Listed By:

Kyle Griffith

The NYBB Group