$8.2M Allstate Agency Near Seattle, WA!
Business Description
EXECUTIVE SUMMARY
Established Allstate insurance agency generating $8.2 million in earned premium with 9 years of continuous operations in Renton, WA market. Located in high-traffic retail center with 1,125 square feet of office space and assumable lease at $3,300/month including CAM charges.
FINANCIAL METRICS
- Earned Premium: $8.2 million annually
- Annual rent-to-premium ratio: 0.48% (industry benchmark typically 1-2%)
- Revenue per square foot: $7,289 (office space utilization metric)
- Asking price represents premium multiple reflecting established customer base and market position
- Seller financing available with negotiable terms and satisfactory collateral requirements
- Bank financing options available through local and national lender network
OPERATIONAL STRUCTURE
- Staffing efficiency: 5 total personnel including owner
- Licensed personnel: 2 full-time team members
- Management structure: General manager and sales manager positions established
- Premium per employee: $1.64 million (excluding owner)
- Office lease rate: $2.93 per square foot monthly
MARKET POSITION
- Location: Renton, WA (King County) - Seattle metropolitan suburb
- Demographics: Lake Washington shoreline community with established residential base
- Retail center co-tenancy includes T-Mobile, UPS Store, dental office
- Cross-street access to dining and retail establishments
- Customer base concentration: Preferred auto and homeowners insurance segments
GROWTH OPPORTUNITIES
- Cross-selling potential within existing customer portfolio
- Established community relationships and customer loyalty foundation
- Market expansion capabilities in growing Seattle suburban corridor
- Scalable operations with current infrastructure capacity
DUE DILIGENCE DOCUMENTATION
- Detailed financial reports available under executed NDA
- 9-year operational history with established revenue patterns
- Customer base analytics and retention metrics available to qualified buyers
- Comprehensive business transfer support including training and transition assistance
This acquisition opportunity presents quantifiable operational metrics, established market presence, and documented financial performance suitable for analytical evaluation by qualified buyers seeking data-driven investment decisions in the insurance agency sector.
Established Allstate insurance agency generating $8.2 million in earned premium with 9 years of continuous operations in Renton, WA market. Located in high-traffic retail center with 1,125 square feet of office space and assumable lease at $3,300/month including CAM charges.
FINANCIAL METRICS
- Earned Premium: $8.2 million annually
- Annual rent-to-premium ratio: 0.48% (industry benchmark typically 1-2%)
- Revenue per square foot: $7,289 (office space utilization metric)
- Asking price represents premium multiple reflecting established customer base and market position
- Seller financing available with negotiable terms and satisfactory collateral requirements
- Bank financing options available through local and national lender network
OPERATIONAL STRUCTURE
- Staffing efficiency: 5 total personnel including owner
- Licensed personnel: 2 full-time team members
- Management structure: General manager and sales manager positions established
- Premium per employee: $1.64 million (excluding owner)
- Office lease rate: $2.93 per square foot monthly
MARKET POSITION
- Location: Renton, WA (King County) - Seattle metropolitan suburb
- Demographics: Lake Washington shoreline community with established residential base
- Retail center co-tenancy includes T-Mobile, UPS Store, dental office
- Cross-street access to dining and retail establishments
- Customer base concentration: Preferred auto and homeowners insurance segments
GROWTH OPPORTUNITIES
- Cross-selling potential within existing customer portfolio
- Established community relationships and customer loyalty foundation
- Market expansion capabilities in growing Seattle suburban corridor
- Scalable operations with current infrastructure capacity
DUE DILIGENCE DOCUMENTATION
- Detailed financial reports available under executed NDA
- 9-year operational history with established revenue patterns
- Customer base analytics and retention metrics available to qualified buyers
- Comprehensive business transfer support including training and transition assistance
This acquisition opportunity presents quantifiable operational metrics, established market presence, and documented financial performance suitable for analytical evaluation by qualified buyers seeking data-driven investment decisions in the insurance agency sector.
About the Business
Real Estate
- Owned or Leased
- Leased
About the Sale
- Financing Options
- National agency lender referrals available
Listing Info
- ID
- 2421091
- Listing Views
Listing ID: 2421091 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.