Allstate Agency for Sale / Santa Clara 38 years Established-Full Staff
Share on Facebook 
Post to X 
Share on LinkedIn Business Description
This Allstate Agency has been a very profitable Agency for the company. It is in a beautiful area of Santa Clara, and the staff is trained to sell and handle the Customer Service in an affective manner. They all will stay after the Agency sale is completed. Allstate has the most generous compensation program in the captive insurance industry. Contact Dale Huffman 714-928-5138 about any questions you have and regarding the financials. When meeting the target goals for Allstate an Agent can generate 20% income and 20% first year Renewals in the Auto written business.
About the Business
- Years in Operation
- 38
- Currently Relocatable
- Yes
- Facilities & Assets
- Very professional office with well trained staff. The Staff is licensed in Casualty Insurance and in Life & Health. This is a large Agency $5,018,000 in Gross Premium. The Loss Ratio is 17.47% and and the Retention 90.75%. 2024 Gross Income was $472,984.21.
- Market Outlook / Competition
- The market for Allstate Insurance is very competitive and the Corporate Company just had a 17 Billion dollar 3rd quarter.
- Opportunities for Growth
- Currently the only way a new agent can be established in California, is by buying a performing Agency.
The fact that an Agent has "skin in the game" due to his investment is a testament on how good it is to be an Allstate Agent. The company also sends their goal performing Agencies all over the World with their spouses paid for by Allstate.
About the Sale
- Seller Motivation
- Agent is retiring from the Insurance Industry
- Transition Support
- Allstate provides training for the Agency prior to the Buyer taking over the business. The product knowledge is provided along with the Seller staying with the Buyer until the transfer is completed and both parties are satisfied with the training. The Buyer can remain as a consultant via virtual if need be. Also, the staff can provide training for the Agent Buyer.
Listing Info
- ID
- 2441995
- Listing Views
- 27
Listing ID: 2441995 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.
Businesses for SaleCalifornia Businesses for SaleCalifornia Financial Businesses for SaleCalifornia Insurance Agents Businesses for Sale
Similar Listings
$1,450,000Premium Allstate Agency for Sale – Prime Location & Loyal Client BaseSanta Clara County, CA
$1,450,000Premium Allstate Agency for Sale – Prime Location & Loyal Client BaseSanta Clara County, CA
