Established Allstate Agency in Long Island, NY

Allstate

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Financial Details

Asking Price:
$610,000
Annual Revenue:
$250,630
Cash Flow / SDE:
$188,630
Valuation Multiple:
3.2x
Location:
Melville, NY, US
Sources:
Date:
May 17, 2025

Key Highlights

- Established Allstate agency in Long Island, NY with 45+ years of service.
- $2.6M+ in premium, $250K+ annual revenue, and high policy retention (89%).
- Operates remotely with one staff member; owner financing options available.

Description

Well-established Allstate insurance agency located in Long Island, NY, serving the community for over 45 years. The agency has $2,686,699 in premium, $250,630 in annual revenues, and maintains approximately 908 policies with an 89% retention rate. The agency operates remotely with one dedicated customer service staff member. Some owner financing available.

Industry Information

Industry Description:
Financial
Classification:
Financial Services

Listing Details

Listing ID:
f4110f5c-25a0-4238-9051-5e751df39e62
Deal Status:
For Sale
Date Posted:
May 17, 2025
Last Updated:
May 26, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified