Allstate Agency in Folsom, CA with $1.35M Revenue
Allstate
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Financial Details
- Asking Price:
- $2,900,000
- Annual Revenue:
- $1,350,000
- Location:
- Folsom, CA, US
- Source:
- Date:
- April 21, 2025
Key Highlights
- Established Allstate Insurance Agency in Folsom, CA with 35+ years of operation.
- $14M+ in premium with a low loss ratio and high retention rate.
- Owner willing to provide support and training during transition.
Description
Established Allstate Insurance Agency in Folsom, CA, with over 35 years of operation. The agency has $14M+ in Allstate and brokered premium, a low 30% loss ratio, and a 90% agency retention rate. The business operates from a 3,000 sq ft leased building and has 6 employees. The owner is willing to provide support and training. The reason for selling is retirement.
Industry Information
- Industry Description:
- Insurance
- Classification:
- Financial Services
Listing Details
- Listing ID:
- 947f5a7b-5ba0-4da4-9449-97a120d7f522
- Deal Status:
- For Sale
- Date Posted:
- April 21, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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