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Tampa Bay Area, Florida - Established Allstate Insurance Agency
Business Description
Established Allstate Insurance Agency - Tampa Bay Area Opportunity
This well-established Allstate insurance franchise has been serving the Southern Hillsborough County community since 1999, building a loyal client base over 25+ years of continuous operation. Located in one of Florida's fastest-growing regions with 45% population growth over the past decade, this agency is positioned in an excellent market with strong demographic trends supporting continued expansion.
Financial Overview:
- Annual Revenue: $305,000
- Asking Price: $725,000
- Monthly Lease: $3,400 for 1,200 sq ft fully furnished
- FF&E Value: $25,000
- Established in 1999
Business Strengths:
- Long-term loyal clientele providing stable revenue foundation
- Prime location in rapidly growing Hillsborough County market
- Established franchise with proven business model
- Strong community presence and referral network
- Owner looking to retire after 27 successful years
Growth Opportunities:
- Cross-selling opportunities within existing customer base
- New business development into additional insurance lines
- Access to Allstate's proprietary products and Ivantage platform
- Modernized marketing tactics to capture market growth
- Expansion potential in high-growth demographic area
Franchise Support:
As an established Allstate franchise, new owners receive comprehensive corporate training, dedicated Agency Onboarding Specialist support, and ongoing Market Sales Leader guidance, ensuring smooth transition and continued success.
This turnkey operation offers an exceptional opportunity to acquire a profitable insurance agency in a thriving market with significant upside potential through strategic growth initiatives and market expansion.
This well-established Allstate insurance franchise has been serving the Southern Hillsborough County community since 1999, building a loyal client base over 25+ years of continuous operation. Located in one of Florida's fastest-growing regions with 45% population growth over the past decade, this agency is positioned in an excellent market with strong demographic trends supporting continued expansion.
Financial Overview:
- Annual Revenue: $305,000
- Asking Price: $725,000
- Monthly Lease: $3,400 for 1,200 sq ft fully furnished
- FF&E Value: $25,000
- Established in 1999
Business Strengths:
- Long-term loyal clientele providing stable revenue foundation
- Prime location in rapidly growing Hillsborough County market
- Established franchise with proven business model
- Strong community presence and referral network
- Owner looking to retire after 27 successful years
Growth Opportunities:
- Cross-selling opportunities within existing customer base
- New business development into additional insurance lines
- Access to Allstate's proprietary products and Ivantage platform
- Modernized marketing tactics to capture market growth
- Expansion potential in high-growth demographic area
Franchise Support:
As an established Allstate franchise, new owners receive comprehensive corporate training, dedicated Agency Onboarding Specialist support, and ongoing Market Sales Leader guidance, ensuring smooth transition and continued success.
This turnkey operation offers an exceptional opportunity to acquire a profitable insurance agency in a thriving market with significant upside potential through strategic growth initiatives and market expansion.
About the Business
- Years in Operation
- 27
- Employees
- 2 (1 Full-time, 1 Part-time)
- Franchise
- This business is an established Allstate Insurance Agency franchise
- Facilities & Assets
- Beautifully decorated office with a well diversified book of business ready to be taken to the next level. $3.4 Million in premium with a strong 85.34% retention ratio, provides a steady renewal income while providing the opportunity to aggressively grow the book with unlimited potential.
- Market Outlook / Competition
- Excellent location in one of Hillsborough County's fastest growing areas. Over the past decade there has been an estimated 45% population growth in the area with more to come.
- Opportunities for Growth
- • Fantastic opportunity to cross sell existing customer base
• New business development into other lines of insurance provides great expansion possibilities
• Allstate's proprietary products and options to write other lines through Ivantage
• Established referral network and community presence
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 1,200
- Rent
- $2,500.00 per month
About the Sale
- Seller Motivation
- After 27 years looking to looking to retire
- Transition Support
- As an established Allstate franchise, new owners receive comprehensive corporate training, Agency Onboarding Specialist support, and Market Sales Leader guidance.
Listing Info
- ID
- 2516730
- Listing Views
- 115
Listing ID: 2516730 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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