Allstate Elite Agency, acquire a top-performing elite agency
Business Description
Turnkey Opportunity: Acquire a Top-Performing Elite Allstate Agency
Established in 1997, this elite-status Allstate insurance agency represents an exceptional acquisition opportunity in Queens, NY. With over 40 years of continuous operation, the business has built a reputation for consistently exceeding performance targets and maintaining Allstate Elite status.
Financial Performance:
- Annual Revenue: $1,690,000
- EBITDA: $1,190,000 (70.4% margin)
- Strong profitability demonstrates efficient operations and pricing power
Key Business Strengths:
- Elite Allstate status with consistently achieved performance bonuses
- Very high client retention rate indicating strong customer relationships
- Loyal customer base built over decades of service
- Low overhead operations with monthly lease of only $1,500
- Turnkey operation ready for seamless transition
- 6 experienced employees supporting daily operations
Location & Market Position:
Strategically located in Queens County, the agency benefits from Allstate's brand recognition and market presence. The franchise operates in a stable insurance market with new competitive product offerings enhancing growth potential.
Transition Support:
The seller offers comprehensive transition assistance, including three months of hands-on support for client introductions and operational transfer, with ongoing availability as needed.
Investment Details:
- Asking Price: $5,618,000
- Seller financing available
- FF&E included: $10,000
- Leased premises: $1,500/month
This represents a rare opportunity to acquire a well-established, profitable insurance agency with proven performance, elite status, and strong market position. The business's impressive EBITDA margin, combined with high client retention and consistent bonus achievement, demonstrates operational excellence and growth potential.
Ideal for investors seeking a stable, cash-flowing business in the insurance sector with established systems, loyal clientele, and comprehensive seller support during transition.
Established in 1997, this elite-status Allstate insurance agency represents an exceptional acquisition opportunity in Queens, NY. With over 40 years of continuous operation, the business has built a reputation for consistently exceeding performance targets and maintaining Allstate Elite status.
Financial Performance:
- Annual Revenue: $1,690,000
- EBITDA: $1,190,000 (70.4% margin)
- Strong profitability demonstrates efficient operations and pricing power
Key Business Strengths:
- Elite Allstate status with consistently achieved performance bonuses
- Very high client retention rate indicating strong customer relationships
- Loyal customer base built over decades of service
- Low overhead operations with monthly lease of only $1,500
- Turnkey operation ready for seamless transition
- 6 experienced employees supporting daily operations
Location & Market Position:
Strategically located in Queens County, the agency benefits from Allstate's brand recognition and market presence. The franchise operates in a stable insurance market with new competitive product offerings enhancing growth potential.
Transition Support:
The seller offers comprehensive transition assistance, including three months of hands-on support for client introductions and operational transfer, with ongoing availability as needed.
Investment Details:
- Asking Price: $5,618,000
- Seller financing available
- FF&E included: $10,000
- Leased premises: $1,500/month
This represents a rare opportunity to acquire a well-established, profitable insurance agency with proven performance, elite status, and strong market position. The business's impressive EBITDA margin, combined with high client retention and consistent bonus achievement, demonstrates operational excellence and growth potential.
Ideal for investors seeking a stable, cash-flowing business in the insurance sector with established systems, loyal clientele, and comprehensive seller support during transition.
About the Business
- Years in Operation
- 28
- Employees
- 6
- Franchise
- This business is an established franchise
- Facilities & Assets
- This is a turnkey offering with all furniture, fixtures and office equipment included.
- Market Outlook / Competition
- Allstate is one the most recognized companies in the insurance industry and in general. After a few difficult years they're opening up with new aggressive priced products.
Real Estate
- Owned or Leased
- Leased
- Rent
- $1,500.00 per month
About the Sale
- Seller Motivation
- Downsizing
- Transition Support
- The seller is willing to stay on for three months to help with the transfer and client introductions, then on an as needed basis.
Listing Info
- ID
- 2397855
- Listing Views
- 341
Attached DocumentsAttachment Disclaimer
Listing ID: 2397855 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.
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