Allstate Agency in the Finger Lakes region of New York

Allstate Finger Lakes Region New York

About This Agency

This Allstate agency, located in the Finger Lakes region of New York, offers a rare opportunity to acquire a high-volume, established book of business with strong retention and significant growth potential. Priced at $1,050,000, the agency generates an impressive $5,981,735 in written premium, including $172,226 through Ivantage, and services 2,493 policies in force. With a solid retention rate of 85.66%, the book reflects a loyal and stable client base. Annual revenue totals approximately $466,656, providing a strong foundation with opportunities to further enhance profitability through operational efficiencies and strategic growth. A new owner will need to establish a physical location and staff.

Financial Overview

Price
$1,050,000
Premium
$5,981,735
Annual Revenue
$466,656
Expenses
$261,000
Policies In Force
2,493
Retention Ratio
85.66%
Loss Ratio
50.41%

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Justin Slocum

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