Prime opportunity to own a tenured Allstate agency
Business Description
Discover a remarkable insurance agency story that began years ago with a vision to serve the Indianapolis community through a trusted, well known brand. This tenured agency has grown from humble beginnings into a thriving operation generating $3.2 million in earned premium, built on the foundation of exceptional customer relationships and unwavering service excellence.
The agency's journey reflects the power of consistency and trust. Through market fluctuations and industry changes, this business maintained an impressive 90% net retention rate, with customers staying loyal for 5+ years at an exceptional 91% retention rate. This remarkable customer loyalty speaks to the genuine relationships forged over years of reliable service and personalized attention.
Situated in a highly visible location, the agency operates from a professional 1,500 square foot office featuring four private offices and receptionist space at an affordable $1,350 monthly rent. There are two licensed, experienced staff members who understand the community's needs and embody the agency's commitment to excellence.
What makes this story truly compelling is the agency's operational excellence - low loss ratios across all major product lines demonstrate careful risk assessment and quality customer selection. This isn't just about numbers; it's about building a sustainable business that protects families and businesses while generating consistent returns.
Now, this successful chapter seeks its next author. The current owner, committed to preserving the agency's legacy, offers transition assistance and some seller financing to ensure continuity. Furniture and equipment convey with the sale, providing immediate operational capability.
This represents more than an acquisition - it's an opportunity to inherit years of goodwill, established systems, and community trust. The next owner can build upon this solid foundation, potentially merging with existing operations or expanding services to write an even more successful next chapter.
Now priced at $570,000 (reduced from $598,000) with additional consideration for all-cash offers, this agency offers immediate income potential and long-term growth opportunities.
The agency's journey reflects the power of consistency and trust. Through market fluctuations and industry changes, this business maintained an impressive 90% net retention rate, with customers staying loyal for 5+ years at an exceptional 91% retention rate. This remarkable customer loyalty speaks to the genuine relationships forged over years of reliable service and personalized attention.
Situated in a highly visible location, the agency operates from a professional 1,500 square foot office featuring four private offices and receptionist space at an affordable $1,350 monthly rent. There are two licensed, experienced staff members who understand the community's needs and embody the agency's commitment to excellence.
What makes this story truly compelling is the agency's operational excellence - low loss ratios across all major product lines demonstrate careful risk assessment and quality customer selection. This isn't just about numbers; it's about building a sustainable business that protects families and businesses while generating consistent returns.
Now, this successful chapter seeks its next author. The current owner, committed to preserving the agency's legacy, offers transition assistance and some seller financing to ensure continuity. Furniture and equipment convey with the sale, providing immediate operational capability.
This represents more than an acquisition - it's an opportunity to inherit years of goodwill, established systems, and community trust. The next owner can build upon this solid foundation, potentially merging with existing operations or expanding services to write an even more successful next chapter.
Now priced at $570,000 (reduced from $598,000) with additional consideration for all-cash offers, this agency offers immediate income potential and long-term growth opportunities.
About the Business
- Years in Operation
- 5
- Franchise
- This business is an established Allstate Insurance Agency franchise
- Facilities & Assets
- Furniture and equipment included. There are four private offices plus receptionist area.
- Website
- https://gatewayconsultinggroup.com/
- Market Outlook / Competition
- The agency is located in a highly desirable and vibrant community.
- Opportunities for Growth
- Allstate offers competitive monthly and annual bonus opportunities. Additional acquisition opportunities may be available.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $1,350.00 per month
About the Sale
- Seller Motivation
- Owner is pursuing other business ventures.
- Transition Support
- Training and education provided by Allstate. Seller willing to assist with transition.
- Financing Options
- Some seller financing available.
Listing Info
- ID
- 2380506
- Listing Views
- 1073
Listing ID: 2380506 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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