Insurance Agencies for Sale

Established Allstate agency with 20 Years of Community Participation

Posted: February 15, 2022
Location: CT
Ask Price: 600,000
Gross Revenue: $293,000
Categories: Allstate
Facilities: Leased

Established Allstate agency with 20 years of community participation.
Agency is located in a plaza with foot traffic. The agency has stable retention and a lot of cross-selling opportunities to grow the agency. Book is about 2.8M ( 2.1M and 700K Ivantage) mixed with Allstate and brokered business. The majority of the book is with Allstate. Personal and Commercial lines and Life insurance. Assemble lease until 2024. Agency has one full-time bilingual staff and an agent. Furniture and equipment are negotiable. Same business phone for the last 20 years good for repeat business. Office space is about 1,3oo sq ft with an open floor plan and a private office for the agent. 2021 ALR goals already achieved for the year. The Agency owner is willing to stay through a transition period. Lease is flexible.

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