Financial Services
New York, NY
Financial summary
Comparable pricing
Limited comparables for this listing. No reliable benchmark yet.
Methodology refines over time.
SBA financeability
Businesses in finance & insurance are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Finance & Insurance benchmarks
Typical SBA leverage
72%
Industry charge-off
1.1%
Common term
10 yr
Median loan
$239,300
Active lenders in this category: Live Oak Banking Company, The Huntington National Bank, U.S. Bank, National Association.
Based on 6,841 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
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Key points
Business description
This established, turnkey, 15+ year Allstate Agency is located in the Bronx/Manhattan area of New York. This $4.5M earned premium agency consists of a preferred auto/homeowner customer base with an excellent opportunity for growth in cross-sales and life/financial services. There is good potential to increase revenues through new & renewal commissions as well as performance bonuses based on growth, retention, etc. Customer retention is 91% and is above average, having shown continued improvement over the last three years. Experienced, licensed staff may be open to transition with the sale while the current owner is open to a short-term transitionary consulting relationship if desired.
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