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
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Franchise Opportunity
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