Established $3.6M Allstate Agency for Sale in Western Pennsylvania
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After 23 successful years serving Western Pennsylvania, this established Allstate agency presents a rare opportunity to acquire a highly profitable, diversified insurance business with deep community roots and long-term client loyalty.
Featuring $3.6 million in premium, 2300 policies in force, and an 82% bundle rate, the agency has built a strong reputation for personalized service, consistent retention, and steady growth across personal lines, life insurance, and investment products. The business benefits from a well-balanced and mature book of business, with strong renewal income and multiple revenue streams that provide stability and long-term value.
With locations in St. Mary's, Warren, and Ridgway, the agency serves a loyal mix of families, professionals, and small business clients throughout the regions. The operation is supported by experienced staff, established processes, and a strong local brand presence, making it an ideal acquisition for an existing agency owner seeking expansion or an entrepreneur looking for a turnkey operation with immediate cash flow.
Featuring $3.6 million in premium, 2300 policies in force, and an 82% bundle rate, the agency has built a strong reputation for personalized service, consistent retention, and steady growth across personal lines, life insurance, and investment products. The business benefits from a well-balanced and mature book of business, with strong renewal income and multiple revenue streams that provide stability and long-term value.
With locations in St. Mary's, Warren, and Ridgway, the agency serves a loyal mix of families, professionals, and small business clients throughout the regions. The operation is supported by experienced staff, established processes, and a strong local brand presence, making it an ideal acquisition for an existing agency owner seeking expansion or an entrepreneur looking for a turnkey operation with immediate cash flow.
About the Business
- Years in Operation
- 23
- Employees
- 5 (1 Full-time, 4 Part-time)
- Franchise
- This business is an established Allstate Insurance Agency franchise
- Facilities & Assets
- Agency has 3 locations in St. Mary's, Ridgway, and Warren. All 3 offices come fully furnished with all office equipment included. While St. Mary's and Warren are leased offices, Ridgway is located in an agency owned building which could be negotiated into the price if interested. The building has 2 offices and 1 apartment with income generating opportunity.
Featuring $3.6 million in premium, 2300 policies in force, 38.29 loss ratio, 85.3% retention and an 82% bundle rate. Unique to this Allstate agency is 246 life policies and $28 million in investment assets under management. - Website
- https://agents.allstate.com/gerg-insurance-agencies-saint-marys-pa.html
- Market Outlook / Competition
- All agency locations are in good locations in each of their respective towns and still get decent foot traffic. The agencies are the only Allstate agencies in the towns they are located in. Competition is typical in these towns with other competing insurance agencies such as State Farm, Erie, and other independent agencies.
- Opportunities for Growth
- The operation is supported by experienced staff, established processes, and a strong local brand presence, making it an ideal acquisition for an existing agency owner seeking expansion or an entrepreneur looking for a turnkey operation with immediate cash flow and great growth opportunity.
The business benefits from a well-balanced and mature book of business, with strong renewal income and multiple revenue streams that provide stability, long-term value, and cross sale opportunities.
About the Sale
- Seller Motivation
- Owner is looking to become an Independent Financial Advisor
- Transition Support
- Owner and Agency manager would be willing to work with the new owner in their first year in the agency.
Listing Info
- ID
- 2509174
- Listing Views
- 10
Listing ID: 2509174 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 SalePennsylvania Businesses for SalePennsylvania Financial Businesses for SalePennsylvania Insurance Agents Businesses for Sale
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