Allstate Agency for Sale

Not Disclosed, CA
San Francisco County


Asking Price: Annual Revenue:
$650,000 $2,300,000

Services: Financial, Accounting, Insurance


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RE: Allstate Agency for Sale Broker: Andre

Quick Facts

Asking Price: $650,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $305,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 2
BBN Listing #: 487749686
Broker Reference #: 3062

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Business Overview:

This Agency is a Franchise with Allstate Insurance Company. There are no royalty or transfer fees. Buyer must have a Casualty License and a Life & Health License or obtaining one. Current owner has a trained staff and will consult and train new Buyer plus help them find additional Staff. The Commission structure is based on 25% New Business Auto & 17% Property Homeowners Renters etc. Life and Health Commissions vary depending on the product. Bonus money is paid on Company goals… The Company provides paid worldwide trips yearly for spouse and significant-other based on company contests. There is sufficient formal training with product knowledge and the Allstate process for running a successful enterprise. This Agency has a 45 year history that helps with long term Retention. The Retention is 89% and the Loss Ratio is 33%. What Allstate can't write depending on Underwriting Requirements, they are able to place with prearranged Insurance companies so the Agency can maintain the total needs of their clients. The office is located in a beautiful area of San Francisco,...near the water front shopping area. There are pictures attached.

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Property Features and Assets:

Agency is located in a beautiful area of San Francisco. It is just the right size to hold the Lease cost affordable. It is one block from the ocean so a lot of exposure.

Market Competition and Expansion:

Allstate is one of the largest insurance companies in the world. There agents provide multi-line products in all area of insurance needs. Allstate Agents have all the products that are needed for family or commercial insurance needs. They also have outside companies that have been approved by the company for Agent Sales. This Agency has room for growth by reaching out into additional opportunities provided by the company. No restrictions to areas that the Buyer would like to expand his footprint.

Reason for Selling:

Agent is retiring after a great career.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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