Fantastic Opportunity to Own a Tenured Allstate Agency!
Business Description
Own a Legacy: Established Allstate Agency Hits the Plymouth Market!
This established Allstate insurance agency represents a compelling acquisition opportunity for qualified buyers seeking entry into the insurance sector. Located in Plymouth, New Hampshire, the agency demonstrates strong operational performance with $2.6 million in earned premium.
The agency maintains Property & Casualty appointments across New Hampshire, Maine, and Vermont, providing geographic diversification and market reach. Financial metrics indicate operational excellence with an 89% net retention rate and consistent performance across customer segments with 5+ year tenure maintaining the same retention level. The business exhibits strong underwriting discipline with low loss ratios across all major product lines.
Operational efficiency is demonstrated through a 76% policy bundle rate, indicating effective cross-selling capabilities and customer relationship depth. The agency employs one experienced licensed staff member, providing continuity and expertise. Performance metrics show the agency is on track to achieve PRO achievement level status for 2026.
The physical location offers high visibility in a prime commercial area, enhancing customer accessibility and brand presence. Current lease terms include monthly rent of $800, with no long term lease assumption requirement for the buyer. Furniture and equipment will convey, facilitating a seamless transition.
The seller is more than willing to provide transition support and is open to consider some seller financing. Additional consideration is available for all-cash purchase offers, providing acquisition flexibility for the right buyer.
This opportunity combines established revenue streams, geographic market coverage, strong retention metrics, and growth potential, making it suitable for an entrepreneur seeking an established platform of success.
The agency maintains Property & Casualty appointments across New Hampshire, Maine, and Vermont, providing geographic diversification and market reach. Financial metrics indicate operational excellence with an 89% net retention rate and consistent performance across customer segments with 5+ year tenure maintaining the same retention level. The business exhibits strong underwriting discipline with low loss ratios across all major product lines.
Operational efficiency is demonstrated through a 76% policy bundle rate, indicating effective cross-selling capabilities and customer relationship depth. The agency employs one experienced licensed staff member, providing continuity and expertise. Performance metrics show the agency is on track to achieve PRO achievement level status for 2026.
The physical location offers high visibility in a prime commercial area, enhancing customer accessibility and brand presence. Current lease terms include monthly rent of $800, with no long term lease assumption requirement for the buyer. Furniture and equipment will convey, facilitating a seamless transition.
The seller is more than willing to provide transition support and is open to consider some seller financing. Additional consideration is available for all-cash purchase offers, providing acquisition flexibility for the right buyer.
This opportunity combines established revenue streams, geographic market coverage, strong retention metrics, and growth potential, making it suitable for an entrepreneur seeking an established platform of success.
About the Business
- Years in Operation
- 17
- Currently Relocatable
- Yes
- Franchise
- This business is an established Allstate Insurance Agency franchise
- Facilities & Assets
- Agency is housed downtown, in a highly visible location. Lease assumption not required, seller currently operates under a month to month lease. Furniture and equipment included.
- Website
- https://gatewayconsultinggroup.com/
- Market Outlook / Competition
- The agency holds P&C appointments in NH, ME, & VT.to maximize marketing opportunities. Allstate provides monthly and annual bonus commissions programs.
- Opportunities for Growth
- Additional acquisitions may be available. This is an ideal purchase and merge opportunity.
Real Estate
- Owned or Leased
- Leased
- Rent
- $800.00 per month
About the Sale
- Seller Motivation
- Seller is retiring.
- Transition Support
- Training and education provided by Allstate. Seller willing to assist with transition.
- Financing Options
- Some seller financing available.
Listing Info
- ID
- 2439999
- Listing Views
- 208
Listing ID: 2439999 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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