$1.6M Allstate Agency in Concord, NH
Allstate
Financial Details
- Asking Price:
- $1,600,000
- Annual Revenue:
- $5,100,000
- Cash Flow / SDE:
- $5,100,000
- Profit Metric:
- Earned Premium
- Valuation Multiple:
- 0.3x
- Location:
- Concord, NH, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is an established Allstate insurance agency located in Concord, NH, with $5.1 million in earned premium. The agency serves a preferred auto/homeowner customer base and offers significant growth opportunities in cross-sales, life insurance, and financial services. It boasts strong customer loyalty, high retention rates, multi-line policies, and excellent loss ratios, reflecting its long-standing reputation and numerous awards. The owner is seeking to transition ownership. The office is situated in a high-visibility location within a business strip center, featuring 1070 sq ft, eight workstations, and ample neighboring amenities. The current staff includes 3 salespeople and 2 customer service representatives. The lease is active with a renewal in July 2024, and the monthly rent is $1,545. Furniture and equipment are included.
Industry Information
- Industry Description:
- Insurance Agencies, Brokers
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 2016
- Employees:
- 5
- Reason for Selling:
- Owner Transition
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $1,545 USD
- Lease Expiration:
- 2026
Assets & Inventory
- Includes FF&E:
- Yes
Listing Details
- Listing ID:
- 556e0d36-1f2b-4f91-a233-e7097913d086
- Deal Status:
- For Sale
- Date Posted:
- October 19, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD