Allstate Agency in Upstate New York

Allstate Upstate New York

About This Agency

This upstate New York insurance agency presents an excellent opportunity for a buyer seeking a solid book of business with strong retention and room to scale. Priced at $499K, the agency generates $2,758,932 in written premium across 1,239 policies in force, supported by a retention rate of 86.58%, indicating a loyal and stable client base. Annual revenue totals approximately $203,656, offering a strong foundation with opportunities to improve profitability through operational efficiencies and growth strategies. A new owner will need to establish a physical location and staff, while existing agency owners have the flexibility to integrate this book into their current operations.

Financial Overview

Price
$499,000
Premium
$2,758,932
Annual Revenue
$203,656
Expenses
$121,000
Policies In Force
1,239
Retention Ratio
86.58%
Loss Ratio
51.83%

Contact the Seller

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Justin Slocum

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