Established Allstate Agency in Northern Kentucky
Allstate
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Financial Details
- Asking Price:
- $507,000
- Annual Revenue:
- $388,500
- Cash Flow / SDE:
- $309,800
- Valuation Multiple:
- 1.6x
- Location:
- Covington, KY, US
- Sources:
- Date:
- May 23, 2025
Key Highlights
- Established Allstate agency in Northern Kentucky with 30 years of operation.
- Licensed in Kentucky, Ohio, and Indiana, managing $3.9M in premium.
- Strong policy retention (88%) and low auto loss ratio (35%); seller financing available.
Description
A well-established Allstate insurance agency operating for 30 years in Northern Kentucky, near Cincinnati, OH. The agency has licenses in Kentucky, Ohio, and Indiana, managing $3.9M in premium with $388,500 in annual revenue. The agency has 2,205 policies in force, an 88% retention ratio, and a 35% auto loss ratio. Seller financing is available.
Industry Information
- Industry Description:
- Financial Businesses for Sale
- Classification:
- Financial Services
Listing Details
- Listing ID:
- ba091cb4-cb4a-44d0-ad38-758e986fc48f
- Deal Status:
- For Sale
- Date Posted:
- May 23, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
Features & Tags
Franchise Opportunity
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