Established Allstate Agency – Grossing $900K / Netting $480K - Business for Sale
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Allstate Insurance Agency in Nassau County, NY
NY, US
Added 26 days ago
Insurance Agency
26 years in business
An established Allstate insurance agency in Nassau County, NY, serving the New York and Connecticut markets with over 2,575 active policies and a 3-person sales/service team.
Key Information
Asking
$2.5M
Revenue
$900K
Earnings
$480K
Multiple
5.2x
Key Highlights
- Annual gross commissions: approximately $900,000
- Policy count: over 2,575 active policies
- Product mix: 90% Property & Casualty, 5% Life, 5% Commercial
- Years established: 26
- Staff: 3-person sales/service team with average tenure of 2+ years
- Lease: 5-year lease at $2,900/month with 3% annual increases
- Furniture, fixtures, and equipment included, valued at approximately $50,000
- Option to purchase the building where the agency is located
- Franchise: Yes (Allstate)
Contact Info
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