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Real Estate & Storage · Financial Services

Established Allstate Agency in Rhode Island

Tiverton, RI

Asking price
$1,250,000
Cash flow
$215,000
Revenue
$650,000
Multiple
5.8×

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About this business

This well-established Allstate personal-lines agency located in Tiverton, Rhode Island, boasts $6.6 million in written premiums over the past year, covering 3,135 policies. The primary focus is on Standard Auto (51%) and Homeowners (41%). The agency has maintained a strong policy retention rate between 88.9% and 90.7% since 2023, with a notable 90.4% retention for policies older than five years. The adjusted paid loss ratio over the last 24 months stands at 32.87%.

Details

Real estateLeased
LocationTiverton, Rhode Island

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