Established Allstate Agency in NW Fort Worth, Texas
Allstate
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Financial Details
- Asking Price:
- $349,000
- Annual Revenue:
- $195,053
- Cash Flow / SDE:
- $120,501
- Valuation Multiple:
- 2.9x
- Location:
- Springtown, TX, US
- Sources:
- Date:
- May 29, 2025
Key Highlights
- Established Allstate agency in NW Fort Worth with 30+ years of operation.
- Strong book of business: $2.28M premium, $195K annual revenue, 727 policies.
- High retention rate (79%) and low loss ratio (43%).
Description
A well-established Allstate insurance agency operating for over 30 years in NW Fort Worth, Texas. The agency has a strong book of business with $2,280,139 in premium and $195,053 in annual revenue, managing 727 policies. It has a 79% retention rate and a 43% loss ratio. The business operates out of a leased 1,000 sq ft building with a monthly rent of $1,440. The lease expires on 9/1/2025. The seller is pursuing opportunities outside of the insurance industry.
Industry Information
- Industry Description:
- Financial Businesses for Sale
- Classification:
- Financial Services
Listing Details
- Listing ID:
- ccc18114-fbb2-4a58-bbd9-6847bf5bdc4d
- Deal Status:
- For Sale
- Date Posted:
- May 29, 2025
- Last Updated:
- May 29, 2025
- Currency:
- USD
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