Read the full deal writeup
Sign up for a free Accredited account to read the editorial writeup, financials, and broker contact for this deal.
Full Editorial Writeup
This is an established Allstate insurance agency in Snohomish County, Washington, running on roughly $525,000 in gross revenue and producing about $250,000 in owner cash flow. The agency manages a book described as $5.665 million, which appears to reference total premium volume in force. The core of the business is a sticky book of personal lines policies built over decades, with retention driven by long established relationships and a heavy referral base.
The standout asset here is the team. Two staff members carry more than 50 years each at Allstate, and the seller states the agency could effectively run without the principal agent present. That is rare in a personal lines book and de-risks the operator transition significantly. The seller owns the building but is NOT including it in the $900,000 asking price, though they are willing to let a new agent move into the furnished, turnkey space to start.
The seller is retiring to care for a seriously ill spouse, which is a clean motivation and often translates to negotiating flexibility. Allstate as the franchisor provides marketing support, training, and product expansion, which lowers the operational burden for a new owner. The location is flexible, so a buyer is not tethered to the existing building and could relocate the book elsewhere if needed.
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.
- 275-Location Texas ATM Route, Bexar County
- Allstate Insurance Agency, Decatur Alabama, 25-Year Franchise
- Elite Florida Insurance Agency, 19-Year Allstate P&C Agency
- Farmers Insurance Agency, $6.7M Premium Book in Austin, TX
- Diversified Insurance Brokerage, Medicare & Long-Term Care, Southeast US
- Remote Property Claims Consulting Firm, National Insurance Clientele
Want the full analysis on every deal? Unlock the complete platform with Accredited Pro to screen live listings and read our operator-level writeups.