Allstate Insurance Agency - Snohomish County

$525K

Revenue

$525K

SDE

1.7x

Multiple

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Full Editorial Writeup

Great agency for sale. I have great retention because of long established relationships. My staff are the best there is and they are long term. 2 staff together have over 100 years with our company.... Businesses Franchises Brokers Loading... An amazing opportunity to move into a 5,665,000 established agency Snohomish County, WA Asking Price:$900,000 Cash Flow (SDE):$250,000 EBITDA:Not Disclosed Gross Revenue:$525,000 Real Estate:$1,100,000* Established:1990 *not included in asking price. An amazing opportunity to move into a 5,665,000 established agency Business Description Great relationships, and retention with long term staff Great agency for sale. I have great retention because of long established relationships. My staff are the best there is and they are long term. 2 staff together have over 100 years with our company. My office is turnkey in that I am happy to leave all furnishings, all advertising, all supplies, etc. I'm not selling my building but this space is here to simply move in to start, turnkey. There is a lot of flexibility with my company for location so if it doesn't work for you to move in to my location, you can pretty much establish an agency anywhere! This is really an amazing opportunity. Ad#:2514436 Detailed Information Inventory: $35,000Included in asking price Furniture, Fixtures, & Equipment (FF&E): $35,000 Included in asking price Employees: 3 Full-time I have 2 seasoned employees over 50 years with Allstate. 1 licensed employee is Facilities: I own my building and my space is here for a new agency to move into. My space is all furnished and ready to go. My staff are amazing and knowledgeable with over 100 years here, between them. I'm happy to leave all furnishings here, or I can clear out. I own my building so there's a great deal I can help with in establishing a new agent in my location, or not, depending on the new agent needs. Copy machines, desk tops, lap tops, phone systems, all marketing material, all is here. I have pretty much anything someone would need to simply move in and move forward. Competition: My company wants growth so this is supported with a great deal of marketing. We are constantly getting new products to help with pricing and coverage options. I feel insurance is a very competitive area but my customer loyalty is in excess, far above an average agency. Referrals are a huge part of our business so it's a great time to move someone right into my business. Growth & Expansion: There is always room for growth. The company wants growth and is supporting this in every way possible, marketing, and so much more. Financing: Building is not for sale. I would need to be cashed out. Support & Training: I would be willing to remain to help establish a new agent. My relationships are above and beyond so a transition would be easy. My staff is the best that exists, really. I can't say enough that my staff would be able to run this agency, even without an agent! Allstate is amazing in the training available. Reason for Selling: I am retiring to be with a seriously ill spouse. Franchise: This business is an established franchise Business Location Location: Snohomish County, WA Real Estate: Owned Not included in asking price Building SF: 4,500 Demographic Information for Snohomish County Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Financial Benchmarks for Washington 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: Melody Grondahl Phone Number 425-418-0508 Voice only (no SMS) Ad#:2514436 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: Melody Grondahl Phone Number 425-418-0508 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 Snohomish County WA Established Insurance Agency for Sale – Allstate Opportunity King County, WA Asking: $1,500,000 High Profit Accounting Firm in Spokane County Spokane, WA Asking: $1,300,000 WA Established Insurance Agency for Sale – Allstate Opportunity WA Asking: $1,000,000 Schooley Mitchell Cost Reduction Franchise Opportunity Cash Required: $100,000 ©2026 CoStar Group Send Message Listing Shared via Email Buy a Business Search for a Business Established Businesses Asset Sales How to Buy a Business Buy a Franchise Search Franchises For Sale Low Cost Franchises Restaurant and Food Franchises Business Opportunities Retail Franchises Sell a Business Sell a Business on BizBuySell Sell Multiple Businesses How to Sell a Business Value a Business Find a Broker Tools & Advice Learning Center Finance Center Market Insights Business for Sale Blog Business Brokers Find a Broker For Brokers My BizBuySell Dashboard My Business Selling My Listings Guide to Selling Add a New Listing Searching My Saved Listings My Saved Searches Franchise Recommendations BizBuySell Edge Edge Preferences Recommendations Location Insights BizBuySell Edge Edge Preferences Recommendations Location Insights Research Guide to Buying Valuation Reports Message Center My Mailbox My Inquiries Email Preferences Export Leads Account Account Settings My Billing Info BrokerWorks My BizBuySell Dashboard Leads Billing My Saved Listings My Saved Searches Account Sign Out Sign In 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 for a personal lines insurance book. Roughly $250,000 in SDE on $525,000 of revenue implies a near 48 percent margin, and the income is recurring renewal commission income tied to a high-retention base. Insurance commissions renew annually with minimal incremental effort, which is exactly the boring, durable cash flow you want.
The moat is the book itself plus the team. A 102-year relationship lineage (the listing references over a century of combined staff tenure) and a referral-heavy customer base create switching friction that is hard for competitors to replicate. Allstate brand recognition and franchisor marketing support reinforce retention.
Market tailwinds favor the buyer. Insurance is a need-not-want product, premiums rise with inflation which mechanically grows commission dollars, and personal lines demand is stable through downturns. Snohomish County is a growing, high-income market north of Seattle, which supports organic policy growth.
Operator advantage is unusually clean here. The seller states the two seasoned staff could run the agency without an agent, meaning a buyer is acquiring an institutionalized operation rather than a personality-dependent book. The retiring seller will stay on to transition relationships, lowering the risk of book attrition post-close.

How to improve it

Audit the policy mix and cross-sell penetration in the first 90 days. Personal lines books often under-penetrate multi-line bundling (auto plus home plus umbrella), and raising policies-per-household is the fastest organic revenue lever with zero new customer acquisition cost.
Layer in a systematic renewal and review cadence. With retention already high, a proactive annual review touchpoint protects the book and surfaces coverage gaps that convert to higher premium and commission. Automate reminders so this does not depend on a single staffer.
Build a referral engine on top of the existing referral flow. The seller calls referrals a huge part of the business but it appears informal. Formalize it with a tracked referral program and partnerships with local mortgage brokers, realtors, and auto dealers to convert that goodwill into a predictable lead source.
Decide on the real estate question early and use it as negotiating leverage. The building is owned but excluded and valued at $1.1 million. Either negotiate a long-term below-market lease in the turnkey space or relocate, since Allstate allows location flexibility, and avoid overpaying for office space that does not drive the book.
Invest in digital lead capture. The agency runs on relationships and referrals but likely has minimal online quote flow. A simple local SEO presence, Google Business optimization, and online quote requests can add a low-cost growth channel that the prior generation never built.
Lock in the two veteran employees with retention incentives. The entire transition thesis depends on these staff staying. Structure stay bonuses or small equity-like comp tied to retention milestones before close so the institutional knowledge does not walk out the door.

Diligence notes

Clarify the cash flow figure discrepancy. The narrative quotes $525,000 cash flow but the detailed financials list SDE at $250,000 against $525,000 revenue. Confirm the true owner earnings, because a $250,000 SDE puts the asking price at roughly 3.6x, not the 1.71x implied by the inflated number.
Verify retention and the book composition. Request three years of commission statements, policy counts, retention percentages, and the split between auto and property. Confirm the $5.665 million figure is premium in force and understand renewal commission rates, since franchisor commission schedules drive every dollar of future income.
Understand the Allstate franchise transfer terms. This is a captive agency, so the buyer must be approved by Allstate, meet appointment requirements, and accept the franchisor's contract including any non-compete, book ownership rights, and termination provisions. Confirm whether the seller actually owns the book or whether Allstate retains rights on exit.
Pressure test the staff transition. Two employees with 50-plus years are also near retirement age, which is a key-person risk that cuts both ways. Confirm their intentions, compensation expectations, and whether the agency truly functions without the principal, since the entire deal thesis rests on this.
Nail down the real estate and lease economics. Since the $1.1 million building is excluded, model the actual occupancy cost whether leasing from the seller or relocating. A lease at market rent meaningfully changes the post-close cash flow that the SDE figure may currently understate.

Source

Originally listed on BizBuySell. View original listing →