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Professional ServicesSeller financingSBA 7(a) eligible
Turn-Key Allstate Insurance Agency
Central Mississippi · Ref SBA-2026-0421 · FY2023–FY2025 + 2026 YTD
Financials verified by GoSBASBA 7(a) SBA approved3 yrs tax returns on file
Deal summary
20+ year top-performing agency with high retention and a recurring commission book. Turn-key operations and trained staff already in place.
$360,000
Asking price
$181K
Gross revenue (TTM)
$132K
Adjusted EBITDA
2.7x
Adj. EBITDA multiple
2 FT · 1 PT
Employees
2004
Established
Why this deal stands out
- SBA-Ready — SBA approved for 7(a) financing
- Verified financials (reconciled to tax returns)
- 88% recurring / contracted revenue
- Diversified — no major customer concentration
- 22+ years in business
- Seller financing available
- Priced below the industry multiple
Things to diligence
- Owner-operated — budget for a transition/GM hire
About the business
Company overview
A full-service personal and commercial P&C agency operating in one location since 2004, grown organically to over $1.5M in premium volume with excellent loss ratios.
Product & customer base
Highly recurring renewal commissions (~88%), broad book with no concentration. Growth via referrals and cross-sell.
Operations & team
2 licensed full-time producers and 1 part-time CSR; turn-key for an individual buyer or consolidator.
Growth opportunities
Add commercial lines, scale digital lead-gen, and consolidate a neighboring book.
Financials
Financials are locked
The full business profile and financials are reserved for SBA approved buyers. Create your free account — a 2-minute financial profile shows your SBA buying power and unlocks every deal it covers, including this $360K business.
SBA approval is free and takes about 2 minutes. Detailed financials also require a signed NDA — sellers share their numbers only with buyers who can close.
What's included
- ✓Book of business & renewals
- ✓Office FF&E
- ✓Trained staff
- ✓Phone/website
Questions & answers
Why is the owner selling?
Owner pursuing other ventures.
How involved is the owner day-to-day?
Owner-operated today. A transition period and/or a general-manager hire is recommended.
What does the transition look like?
Owner will assist 90 days and introduce the carrier relationship and key accounts.
Is there customer concentration risk?
No single customer exceeds about 4% of revenue, and roughly 88% of revenue is recurring or contracted.
Is real estate part of the deal?
The business operates from leased premises; the lease is assignable to a qualified buyer.
Data room
7 documents · NDA requiredCreate a free buyer account and sign the NDA to open the seller's financials and documents.
Buyer account required. Registered buyers can sign the NDA and open the data room.
Financials
3 filesProfit & Loss, last 3 years (sample)
PDF
Balance sheet (sample)
PDF
Tax return summary (sample)
PDF
CIM
1 fileConfidential Information Memorandum (sample)
PDF
Supporting information
3 filesEquipment & asset list (sample)
PDF
Org chart & staffing (sample)
PDF
Lease summary (sample)
PDF
Deal structure
How a standard SBA 7(a) purchase breaks down at the $360,000 asking price.
10%
10%
80%
Buyer down payment$36K
Your equity injection — 10% down.
Seller note$36K
Seller-financed portion, paid from cash flow over time.
SBA 7(a) loan$288K
Financed through GoSBA — 50 lenders compete, free to you.
Illustrative split of the purchase price at SBA 7(a) terms (10% down, 10% seller note). Working capital and closing costs are usually financed into the loan on top, so the actual SBA loan and monthly payment run a little higher — see the financing estimate below. Final terms depend on lender underwriting; a GoSBA advisor models your real numbers, free.
Due diligence to-do
What to verify before you close. Your GoSBA advisor and lender work this list with you, free.
- 1Verify the financialsReconcile three years of tax returns and the YTD P&L to the reported SDE and add-backs — your GoSBA advisor runs this with you.
- 2Pressure-test customer concentrationPull a customer-by-customer revenue breakdown. Reported top-customer concentration is 4%.
- 3Review the leaseConfirm the lease is assignable, plus the remaining term, rate, and any options to renew.
- 4Confirm licenses, permits & insuranceCheck that all trade licenses, bonding, and permits transfer cleanly to a new owner under SBA rules.
- 5Meet the team & plan retentionSit down with the manager and key staff. Ownership is owner-operated (budget for a GM hire) — confirm who stays through the transition.
- 6Validate contracts & backlogReview the recurring/maintenance agreements behind the 88% recurring revenue and confirm they transfer.
- 7Lock the transition planAgree the owner's training/handover period and any non-compete — and your SBA financing timeline through GoSBA.
Deal Assistant
Instant answers · powered by AI
Hi — I'm your deal assistant. Ask me anything about Turn-Key Allstate Insurance Agency: the financials, whether it cash-flows, what's included, or how to make an offer.
Estimates only. Talk to your advisor →
How this listing compares
Benchmarked against same-industry multiples and recent comparable sales.
Cash-flow multiple vs. industry
1.4xThis listing: 2.7x4.9x
Priced below the 2.9x industry median — room for a healthy DSCR.
Asking price vs. comparable sales
$324KThis listing: $360K$829.5K
Benchmarked against 2 recent comparable sales.
Recent comparable sales
| Business | Sold | CF multiple | Revenue | Margin |
|---|---|---|---|---|
| Allstate Agency | $790K | 3.0x | $376K | 55% |
| Independent P&C Agency | $570K | 2.4x | $241K | 60% |
Central Mississippi
Location & premises
- Approximate area
- Central Mississippi
- Exact address
- Shared after NDA
- Premises
- Leased premises — lease assignable to a qualified buyer
- Industry
- Professional Services · NAICS 524210
To protect the seller's confidentiality, the exact address and business name are released to buyers after the NDA is signed.
How buying this business works
A clear path from interest to close — your advisor guides every step.
- 1
Sign the NDA
One agreement unlocks the full data room.
- 2
Review the financials
Verified P&L, tax returns, and the CIM.
- 3
Meet the seller
An intro call with the seller and your GoSBA advisor.
- 4
Make an offer (LOI)
Submit a letter of intent on terms you set.
- 5
Finance & close
GoSBA arranges your SBA financing; you close.
Estimate your financing
Optional — model an SBA 7(a) purchase at standard terms. DSCR 1.27× at 10% down.
SBA 7(a) financing calculator
Stress-test the numbers at standard SBA terms. Estimate only.
Purchase price$360,000
Annual cash flow (SDE)$132,000
Your salary / draw$60,000
Down payment10% · $38.5K
Seller note10% · $36K
Interest rate10.25%
Debt service coverage
1.42×
Lender-preferred
Comfortably covers debt — lender-preferred.
- Cash to close
- $38,500
- SBA loan amount
- $317,486
- Monthly P&I
- $4,240
- Annual debt service
- $50,876
- Buyer take-home / yr
- $21,124
- Cash-on-cash
- 55%
DSCR by year (weakest shown on card)
2023
1.38×
2024
1.51×
2025
1.42×
Estimate only — subject to SBA SOP & lender underwriting.
Market overview
3.0%
avg. industry growth
Stable, renewal-driven demand for personal and commercial P&C insurance.
Source: IBISWorld Insurance Agencies, 2026
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