Financial ServicesVerified Seller
Exclusive Allstate Insurance Agency in Carmichael - $750K - $290K Cash Flow
Carmichael, California
Asking Price$750,000
Annual Revenue$350,000
EBITDA / Cash Flow$350,000Implied Multiple: 2.1x EBITDA
Executive Overview
Presenting an exclusive opportunity to own the only Allstate agency in Carmichael, CA. With an asking price of $750,000 and annual cash flow of $290,000, this elite agency has been a cornerstone of the community since 2000 and boasts a prestigious Elite status for 2025.
Key Investment Highlights
- •Agency Earned Premium: $3.8M
- •Agency Revenues (Annual): $350,000+
- •Agency Overhead Expenses (Annual): $60,000
- •Policies in Force: 2,000+
- •Retention Ratio: 80+%
Organically grown and independently appraised at $898,000 in 2024, this business has garnered multiple accolades, including the Honor Ring, Inner Circle, and Leaders Forum awards. The agency represents a turnkey operation with proven selling and retention processes, backed by a comprehensive customer base and strong financial performance.
Leverage Allstate's new underwriting policies that allow unrestricted automobile insurance production, coupled with a competitive compensation plan offering up to 31% for new business. The well-lit, open office space owned by the current agent provides an ideal working environment with flexible lease options for continued growth and success.