Established Allstate Agency for Sale in San Jose, CA
Allstate
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Financial Details
- Asking Price:
- $2,500,000
- Annual Revenue:
- $11,000,000
- Cash Flow / SDE:
- $1,150,000
- Valuation Multiple:
- 2.2x
- Location:
- San Jose, CA, US
- Source:
- Date:
- July 01, 2025
Key Highlights
- Established Allstate agency in San Jose, CA, with 30 years of operation and elite status.
- Features a seasoned, licensed staff, aggressive automobile insurance offerings, and variable compensation.
- Boasts a low loss ratio (39%) and high retention rate (84%); seller retiring and offering transition support.
Description
A well-established Allstate agency in San Jose, CA, is offered for sale. The agency has been operating for 30 years and holds an elite status within Allstate. It features a seasoned, licensed staff and benefits from Allstate's aggressive automobile insurance offerings and variable compensation structure. The agency has a loss ratio of 39% and a retention rate of 84%. The seller is retiring and will provide transition support.
Industry Information
- Industry Description:
- Financial
- Classification:
- Financial Services
Listing Details
- Listing ID:
- b2f4d9f3-94aa-41d0-9b96-0221dbda0559
- Deal Status:
- For Sale
- Date Posted:
- July 01, 2025
- Last Updated:
- July 01, 2025
- Currency:
- USD
Features & Tags
Franchise Opportunity
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