Contact The Broker or Seller
Name (Required)
Email (Required)
Phone (Required)
Message (Required)
By submitting this form, I agree to BizBen's Terms of Use.*
Contact The Broker or Seller
Name (Required)
Email (Required)
Phone (Required)
Message (Required)
By submitting this form, I agree to BizBen's Terms of Use.*
Unsaved Changes
You have unsaved changes, are you sure you want to leave this page?
Please review other recommended postings, brokers, and blogs below.
Recommended Businesses
Sacramento County, California
Elite Allstate Agency - Approved SBA Loan
$ 720,000
CF : $ 290,000
Multiple awards agency ( Honor ring recipient, Inner circle, Leaders Forum) , Elite agent and yearly bonus every year ( average commission including bonus over the last 3 years $350,000, in 2023 over $ 429,000 ). Independently appraised for $ 835000. SBA loan in place for a potential buyer. Beautiful office, lots of natural light, open space, agent owns the building where the agency functions and is ready and willing to help with the transition. Turn key operation with very good selling and retention processes and procedures. Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 31% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. • Agency Earned Premium $3.8M • Agency Revenues (Annual) $350000+ • Agency Overhead Expenses (Annual) $60,000 • Policies in Force 2000+ • Retention Ratio 84% • Loss Ratio 56% • Furniture, computers and signs included in sale • Paid up Ideal traits membership ( employment software ) for 2025 which can be transferred to buyer Key Benefits: 1) Thriving Business: This established insurance agency has experienced steady growth through strategic grassroots and local marketing efforts. It's a business that's already on an upward trajectory, poised for further success. 2) Strong Customer Base: Take advantage of the existing book of business, boasting over 2000 policies in force. This will provide you with a solid foundation and a loyal customer base to build upon. 3) Financial Transparency: Comprehensive profit/loss/expense reports are available, giving you a clear picture of the agency's financial performance. 4) Lease Options: great options available for negotiation at this location. 5) Generous Rewards: As a Allstate Insurance agency owner, you'll enjoy a range of incentives, including signage bonuses, monthly and annual performance bonuses, and various avenues to earn additional revenue. Your hard work and dedication will be handsomely rewarded. 6) Unparalleled Support: With Allstate , you're in business for yourself, but you're never alone. Benefit from the best of both worlds with a local experienced team and remote corporate support. We are dedicated to helping you achieve your goals and flourish in your business. https://www.allstate.com/lps/ea 7) Accelerated Training Program: No prior insurance experience? No problem! Our accelerated training program equips you with all the knowledge and skills you need to run a successful insurance agency. Detailed training program outlined on a daily/weekly/monthly basis to make sure you will achieve! Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 31% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. Don't miss this incredible opportunity to invest in your future with Allstate Insurance. The time has never been better to join our renowned brand and enjoy the freedom of owning your own business.
Online / Remote
Allstate Insurance Agency - Highly Trained Staff
$ 1,900,000
Allstate has opened the company underwriting and is now allowing the Agency Force to write Automobile Insurance with no limits on the production. There is also a new compensation plan that allows agents to receive 21% for new business production in Autos and that is predicated on the budget that each agent has and based on the size of his/her Agency. This is a new benefit with the Allstate Insurance Company. This is one of the Premier Elite Agencies with Allstate Insurance Company. It has a 49% Loss Ratio and 90% Retention. The Staff is highly trained and Manager has been with the Agency over 15 years. The Lease is excellent at $2000 per month and has 1000 sq. ft. Allstate provides world wide trips for its Agents when they qualify on production. Totally paid for by the Company with spouse also included. Agent is retiring but will totally be involved with training. Allstate is a growth-oriented company and does not limit its agents on how much they can write in the Casualty Business. There are Underwriting Guidelines that need to me maintained in order for the company to be profitable, but each agent knows what they are, receives ongoing training for Owners and Staff Associates. Allstate gives the training for the purchase of an Agency. The current Seller will stay, and train for 30 days then be available for ongoing virtual training. The manager is capable of managing the office for extended periods of time. Contact Dale Huffman at 714-928-5138.
Los Angeles, California
Mercury Book of Business for Growth Potential!
$ 599,000
CF : $ 264,500
Decade old multi-line Mercury agency has consistently brought in more than $250,000 in annual commission for the last for few years. Currently, with 691 policies in force, Due to loss ratio issue Mercury is no longer permitting new business. The agency can provide endorsements and make policy changes and updates. Client retention rate is 92 percent. A Buyer MUST have sufficient financial credentials to qualify and have an existing Mercury appointment in good standing. The Buyer’s agency should generate at least $2 million in premiums to absorb current loss ratios. The two highest-producing lines are Personal Auto and Personal Property. Personal Umbrella was the fastest-growing line in 2024. Year to date Commissions are $186,157.75 with premiums at $1,615,968. Mercury has approved the sale. Conversations with the regional representative can be scheduled once an LOI has been signed. NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities are included with this transaction. Competition: Established Mercury policies are highly sought after. Growth & Expansion: By integrating these policies into their operations, a buyer can quickly expand market share and revenue and potentially qualify for higher bonuses. Support & Training: To ensure a smooth transition and ongoing success, the Sellers will work with a buyer for one month, up to 10 hours a week. Reason for Selling: To ensure client needs are prioritized and well served.
Online / Remote
Allstate Agency - Insurance Industry
$ 290,000
CF : $ 120,000
The Agency has an excellent Loss Ratio and a nice Retention Ratio. It is open 5 days a week 9:00 am to 5:00pm. The owner has set up Customer Service which attracts many new Buyers of all types on insurance sales. Allstate Insurance now provides world wide trips for the Agent and his significant other. This is fully paid for by the company. Note call Dale Huffman 714-928-5138
Stanislaus County, California
Insurance Agency - Fully Licensed Staff
$ 2,399,400
CF : $ 987,394,300
Elite Allstate Agency located in Northern California. The staff is fully licensed with Casualty Licenses and Life & Health Licenses. They have been with the Agency an average over 10 years. Loss Ratio is in 40's percental. Retention in 80's percental. The Seller has trained the staff to handle all Service and Claim issues on a daily basis. The Office Manager is trained to administer any issues that come up with the size of this mega agency. Allstate allows agents to buy additional agencies when the agent desires to expand and has attained the qualifications for acquisition. Contact Dale Huffman 714-928-5138 The Company also sends their Qualified Agents on World wide trips with their significant other completely paid for by the company.
Fountain Valley, California
PandC Insurance Agency - Commercial
$ 850,000
CF : $ 246,339
This is an excellent opportunity to acquire a 95% commercial small business P&C insurance book, ideal for expanding your existing agency. The client base comprises Mandarin and English-speaking small business owners, primarily in the restaurant industry. Year-to-date (November 2024), the Agency has written $2,483,426 in premiums and earned $342,800 in commissions, compared to $2,299,865 in premiums and $359,234 in commissions in 2023. With nearly $200,000 in premium growth so far this year, the Agency is on track for a 10% year-over-year increase, showcasing its strong growth potential. The top carriers are Travelers, UCA and Berkshire Hathaway. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: No facilities will be included as this is a book roll. Competition: There is a lot of competition in the Insurance industry. This is an excellent opportunity for growth through acquisition. Growth & Expansion: To stimulate growth and broaden the Company's horizons considercross-selling personal lines to clients. Financing: TBD if structure and terms are acceptable. Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer as needed with negotiated terms. Reason for Selling: The Seller is ready to retire.
San Joaquin County, California
Insurance Agency - Excellent Loss Ratio Retention
$ 1,183,695
CF : $ 475,000
This Allstate Agency is at Elite Status. The Staff is highly trained and have been with Agency over ten years. Agents can buy additional Agencies if they qualify and have met their production goal established by the company
Recommended Blogs
How To Buy A Business
Considerations When Buying A Wholesale, Distribution Business
How To Sell A Business
When To Sell Your Small Business - Many Factors Play A Part
Buying A Business
How To Create A Business Plan For A Small Business
Deal And Escrow Issues
Qualifying Business Buyers: Top Business Broker Discusses Top Strategies
Business Purchase Financing
Buying A Small Business With No Money Down! Is This Possible?
How To Sell A Business
Selling A Business Online - Common Mistakes To Avoid
Buying A Business
How To Buy A Gas Station That Pumps Out Profits - Tips For Buyers
How To Buy A Business
Retiring Baby Boomers And Their Effect On California Small Business Sales
Buying A Business
Coin Laundries For Sale - What Buyers Need To Know
Business Purchase Financing
6 Possible Untruths Told To Business Buyers When Buying A Small Business
Buying A Business
Buying A Coin Laundry - What All Buyers Need To Know
BizBen News
How To Advertise A Business For Sale Without Revealing Too Much
Deal And Escrow Issues
Selling A California Small Business? This Checklist Will Determine Your Success
Business Valuation Issues
Interpreting Reported Earnings From Sellers
Buying A Business
Buying A Dental Practice: 6 Things You Need To Know
Business Purchase Financing
Financing A Business Purchase With Limited Or No Real Estate Collateral
Business Valuation Issues
Coin Laundry Evaluation - How To Value Coin Laundries
Deal And Escrow Issues
When Buying A Laundry Watch Out For Making These Mistakes
Business Broker Information
Should Owners Hire Agents To Sell Business Listings?
Buying A Business
Janitorial Cleaning Services: 6 Considerations When Buying Janitorial Businesses