Connecticut Virtual Allstate Agency for Sale - Business for Sale

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Virtual Allstate Insurance Agency in Guilford, CT

Guilford, CT, US
Added 1 day ago
Insurance Agency
25 years in business
RemoteAbsentee / Semi-AbsenteeRetiring Owner

This is a fully virtual Allstate insurance agency based in the Guilford, Connecticut area, operating for 25 years with a single owner and managing over $3.6M in earned premium.

Key Information

Asking

$600K

Revenue

Earnings

$292K

Multiple

2.0x

Key Highlights

  • Total earned premium managed: $3,670,569
  • Net retention rate: 87%
  • 5-year seasoned retention rate: 89%
  • Years in business: 25 under original ownership
  • Staff: 1 experienced, remote Licensed Sales Producer (LSP) willing to transition with the business
  • Business operates 100% virtually/remotely
  • Buyer must meet Allstate's corporate qualification requirements, including licensing, capital verification (minimum $100,000+ liquid assets), and background check
  • Seller financing available for qualified buyers

Contact Info

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