50-Year Allstate Agency - Houston Captive Insurance Book

$1.2M

Revenue

$774K

SDE

3.8x

Multiple

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Full Editorial Writeup

*Picture is not the actual location. It's just a representative example. Allstate requires the purchaser to be an owner/operator so no strategics, P/E's or absentee owner arrangements. Must live in... Businesses Franchises Brokers Loading... 50 year Allstate Agency Available Due to Owner Retirement Harris County, TX Asking Price:$2,925,000 Cash Flow (SDE):$774,290 EBITDA:$770,430 Gross Revenue:$1,201,297 Established:1970 50 year Allstate Agency Available Due to Owner Retirement Business Description Large Established Insurance Agency *Picture is not the actual location. It's just a representative example. Allstate requires the purchaser to be an owner/operator so no strategics, P/E's or absentee owner arrangements. Must live in the Houston area and the first step is getting approved by Allstate management before personal information will be released. I will assist you through all steps of the process. MUST have at least $300,000 to put down to qualify for an SBA loan PLUS working capital. Cannot finance working capital needs of $100,000. Priced based on no owner financing and price is firm as we get tremendous interest in these listings. It's extremely difficult to find large agencies for sale. These numbers don't include another $480,000 that falls to the bottom line by maximizing the bonus opportunity. Ad#:2510987 Detailed Information Inventory: $1,000Not included in asking price Furniture, Fixtures, & Equipment (FF&E): $25,000 Included in asking price Employees: 5 Full-time Facilities: Typical insurance office with a lot of walk in traffic in SE Houston area. Competition: Other insurance agents. Growth & Expansion: Unlimited Financing: no seller financing, qualifies for SBA Support & Training: Allstate provides complete training before closing on the business then the retiring agent and broker are both available afterwards to ensure your success. Reason for Selling: Agent is ready to retire. Business Website: https://www.allstate.com/lps/ea?adobe_mc=MCORGID%3D97021C8B53295DF30A490D4D%2540 Business Location Location: Harris County, TX Real Estate: Leased Lease Expiration: 12/31/2026 Rent: $2,000.00 Demographic Information for Harris County Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Real Estate Insights Monthly Lease Rate per SF Sale Price per SF BizBuySell EDGE Metro Area Scores Walk Score Transit Score BizBuySell EDGE Financial Benchmarks for Texas Insurance Agencies Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks BizBuySell EDGE Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views BizBuySell EDGE Know the True Market Value Before You Make an Offer Get valuation data to negotiate with confidence. Get a Valuation Report Business Listed By: Adam Pisani Phone Number 817-789-0985 Voice only (no SMS) Ad#:2510987 The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad. Learn how to avoid scams. Contact Form Full Name* Enter a valid Full Name Phone Number Enter Phone Number Email Address* Enter Email Address Optional Message Yes, send me the Buyer Newsletter for popular businesses, tips, & email promotions. Optional: Check if you want to use IRA/401k funds ($75K+) to buy a biz - Guidant will call Send Message By clicking the button, you agree to BizBuySell’s Terms of Use and Privacy Notice Business Listed By: Adam Pisani Phone Number 817-789-0985 Your request has been sent. What Happens Next? is reviewing your details. A representative will reach out soon to discuss your options. Expect a response in 1-2 business days. Report an issue with this listing Similar Listings Insurance Agencies for Sale All Businesses for Sale in Harris County High Growth Higher Margin Life Insurance Brokerage For Sale Dallas County, TX Asking: $3,000,000 CPA Firm for Sale with Bilingual Client Base and 47% Revenue Growth TX Asking: $8,100,000 Allstate Agency in Central TX TX Asking: $4,750,000 Cruise Planners Franchise Opportunity Cash Required: $9,995 ©2026 CoStar Group Send Message Listing Shared via Email a6301374279843840.cdn.optimizely.com a6301374279843840.cdn.optimizely.com is blocked This page has been blocked by an extension Try disabling your extensions. 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Why we like it

Earnings quality is strong on paper at $774K SDE on $1.2M revenue, a 64% margin that reflects the low overhead of a captive insurance model with $2,000/month rent and five employees. Commission income recurs annually as policies renew, giving the cash flow predictability you rarely see in a service business at this price.
The moat is the Allstate brand and the 52-year-old book. Half a century of accumulated policyholders creates real switching inertia, and the national advertising spend funnels walk-in traffic to the door without the owner paying for lead generation. A book this old has survived multiple economic cycles, which is its own proof of durability.
Insurance is genuinely recession-resistant. Auto and home coverage are legally or contractually required for most customers, so renewals hold up when discretionary spending collapses. This is the kind of boring, need-to-have revenue that compounds quietly for decades.
There is a credible upside story the seller quantifies: an additional $480K to the bottom line by maximizing Allstate's bonus program. If even partially achievable, that takes effective cash flow toward $1.25M and reprices the multiple from 3.78x down toward 2.3x, which would be a steal for a recurring book.

How to improve it

Build a systematic renewal and retention process in the first 90 days. Captive books leak value through silent attrition, so implement automated renewal reminders, lapse outreach, and annual policy reviews to protect the recurring base that underpins the entire valuation.
Attack the $480K bonus opportunity immediately and treat it as a structured project, not an aside. Get the exact Allstate bonus criteria in writing, map current production against the thresholds, and reallocate staff incentives to hit the metrics that unlock that money.
Cross-sell and bundle within the existing book. Run a campaign to convert single-line auto or home customers into multi-line households, which raises premium per customer, deepens retention, and increases commission income without acquiring a single new lead.
Tighten the five-person staffing model around production accountability. Audit who originates, who services, and who retains, then tie compensation to renewal retention and new bundled policies so payroll directly drives the cash flow you just bought.
Lock down the lease before it becomes leverage against you. The lease expires 12/31/2026, so negotiate a multi-year extension or relocation plan early to remove the risk of a rent spike or forced move from the high walk-in southeast Houston location that drives organic traffic.
Formalize lead capture from the walk-in traffic. The listing emphasizes heavy foot traffic, so install a simple intake and follow-up CRM so every walk-in that does not buy on the spot enters a nurture sequence rather than walking back out the door.

Diligence notes

Verify the $480K bonus claim with hard documentation. This single figure changes the entire return profile, so demand the Allstate bonus structure terms, the agency's historical bonus payouts, and a realistic path to maximizing it before assigning any value to that upside.
Confirm the SDE add-backs and the true owner workload. At a 64% margin you need to see exactly what is in the $774K, whether the owner's compensation is fully added back, and how many hours the retiring operator actually works, since Allstate requires a full-time owner-operator replacement.
Scrutinize book retention and policy mix. Pull the last three to five years of policy counts, retention rates, and commission by line of business to confirm the book is stable or growing rather than slowly aging out with the retiring owner's longtime relationships.
Understand the Allstate approval gauntlet and what you are actually buying. Confirm the transfer terms, any required production commitments, the post-sale commission schedule, and whether the agency relationship can be lost or repriced by corporate, because you do not own this book outright.
Stress-test the SBA financing structure. The seller requires $300K+ down plus $100K working capital with no seller financing and a firm price, so model the debt service against $774K cash flow and confirm the deal still clears comfortably after loan payments and your own salary.

Source

Originally listed on BizBuySell. View original listing →