New York
Independent property-casualty insurance agency for sale in Upstate New York. Highly profitable. Long operating history. Turnkey. Upside growth potential is MASSIVE. 54% adjusted EBITDA margin. 49%...
Insurance Agencies in NY For Sale
Independent P/C insurance agency for sale in Upstate New York
3
$14,479,000
EBITDA: $1,803,043
Established 50 year ELITE Allstate Insurance Agency!
Cortland, NY
This well-established Allstate Insurance agency boasts over 50 years of history, demonstrating long-term stability and a strong reputation in the local market. This is a great opportunity to purchase...
$799,000
Cash Flow: $234,000
Allstate Elite Agency, acquire a top-performing elite agency
Queens, NY
$4,999,998
$5.2M EP Allstate Agency in Upstate NY!
Brockport, NY
$1,220,000
Farmers Insurance Book in West Seneca, NY
West Seneca, NY
$110,000
Allstate Agency East of New York City
Queens County, NY
$1,100,000
Established Allstate Agency – Grossing $900K / Netting $480K
Nassau County, NY
$2,500,000
Public and Insurance adjuster Service company
Putnam County, NY
$675,000
Allstate Agency in Long Island, NY
Melville, NY
$610,000
Allstate Agency in the Queens, New York area
Queens County, NY
$1,300,000
FranchiseGrowth Coach
Available in New York
$50,000
Buy or Sell an Insurance Agency in New York
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 8 |
| Median Asking Price | $949,500 |
| Median Reported Revenue | $476,404 |
| Median Reported Seller's Discretionary Earnings | $333,696 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $658,750 | $949,500 | $1,600,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Insurance Agencies for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $347,658 | $211,315 |
| Median | $476,404 | $333,696 |
| Upper Quartile | $1,097,500 | $384,104 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Insurance Agencies listed for sale in New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.71 | 2.57 |
| Median | 2.41 | 3.13 |
| Upper Quartile | 2.68 | 3.32 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy an Insurance Agency in New York?
The median asking price for an established Insurance Agency in New York is $949,500, though prices range from under $658,750 to well over $1,600,000.
How much do Insurance Agencies owners in New York earn?
The median reported revenue of Insurance Agencies in New York is $476,404 and owners earn a median of $333,696, which includes the owners salary and any other financial benefits they receive.
How do I value an Insurance Agency?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Insurance Agencies in New York, revenue multiples range from 1.71 to 2.68, with a median of 2.41. Earning multiples range from 2.57 to 3.32, with the median at 3.13. This means the typical Insurance Agency in New York may ask for around 2.41 times its annual revenue, and 3.13 times its annual owner earnings.
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