Sale Pending! Allstate Agency in the Queens, New York area

Allstate Queens, New York Area

About This Agency

Looking for a high-performing, well-established insurance agency near Queens, NY? This $5.5M premium book is a rare opportunity with 30+ years of legacy success and a strong foundation under four years of current ownership. Operating as a fully remote, virtual agency, it boasts 90% net retention, and a loss ratio of 71%. With 2,097 policies and an efficient team—one Manager and a part time CSR—this agency runs smoothly while generating $490K in annual revenue. If you're looking for a turnkey agency with exceptional retention, profitability, and a modern, remote structure, this is the investment you don’t want to miss!

Financial Overview

Price
$1,300,000
Premium
$5,484,431
Annual Revenue
$490,382
Expenses
$75,000
Policies In Force
2,097
Retention Ratio
89.72%
Loss Ratio
71.85%

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