Allstate Agency in Upstate New York
This upstate New York insurance agency presents an excellent opportunity for a buyer seeking a solid book of business with strong retention and room to scale. Priced at $499K, the agency generates $2,758,932 in written premium across 1,239 policies in force, supported by a retention rate of 86.58%, indicating a loyal and stable client base. Annual revenue totals approximately $203,656, offering a strong foundation with opportunities to improve profitability through operational efficiencies and growth strategies. A new owner will need to establish a physical location and staff, while existing agency owners have the flexibility to integrate this book into their current operations.
Premium
$2,758,932
Expenses
$121,000
Loss Ratio
51.83%
Retention Ratio
86.58%
Policies In Force
1,239
Financials
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