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Hamburg, NY

Hamburg, NYAllstate

Rare opportunity to acquire a well-established, Allstate Elite-Level insurance agency with a 25-year history in the same location in the highly desirable Hamburg, New York market.

Asking Price

$750,000

Financial Overview

Asking Price

$750,000

Annual Revenue

$370,000

Agency Earned Premium

$3,768,000

Annual Expenses

$100,000

Policies in Force

2,410

Retention Ratio

86%

Loss Ratio

27.6%

Agency Description

Rare opportunity to acquire a well-established Allstate insurance agency with a 25-year history in the same location in the highly desirable Hamburg, New York market. The agency has been owned by the current owners for the past 11 years and has built a strong reputation with a loyal, long-tenured client base.

The agency operates out of a stand-alone office building located in a high-visibility area of Hamburg, providing excellent accessibility and brand presence within the community. The building is also owned by the seller and is available for purchase, creating a unique opportunity for a buyer to own both the business and the real estate.

Hamburg is a growing and highly sought-after suburban community just south of Buffalo, known for its strong residential base, new development, and stable local economy—making it an excellent market for continued insurance growth.

Office Space

For Sale - $200,000 Stand alone 1,000 square foot 2 story dwelling. 4 desks spaces downstairs including one enclosed office with door. Upstairs is 2 rooms for storage and lunch area.

Staff & Team

1 Licensed Sales Producer. 1 Service Agent, Agency Owner

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Your inquiry is regarding: Hamburg, NY