Buying an Allstate Home Inspection franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 12 7(a) loans to buy an existing Allstate Home Inspection (classified mostly as Insurance Agencies and Brokerages), totaling $7.5M. The median loan was $458,500, 29% lower than the $645,250 median for all SBA-financed acquisitions. 8 of these loans were approved in the last two fiscal years.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsFree consultation. All 50 states.
What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of Allstate Home Inspection resale loans landed between $100,000 and $781,250.
- Lender experience exists. Byline Bank alone has financed 8 Allstate Home Inspection resales.
- Guaranty. The SBA guaranteed 78% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing an Allstate Home Inspection resale
The median SBA 7(a) loan for an Allstate Home Inspection resale was $458,500 across 12 loans (FY2018 to FY2026). Byline Bank, Centier Bank and First Bank have financed the most Allstate Home Inspection resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
Allstate Home Inspection acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 0 | $0 | - | |
| FY2019 | 0 | $0 | - | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 3 | $2.4M | $242,500 | |
| FY2022 | 1 | $1.4M | $1,399,900 | |
| FY2023 | 0 | $0 | - | |
| FY2024 | 0 | $0 | - | |
| FY2025 | 8 | $3.7M | $458,500 | |
| FY2026 | 0 | $0 | - |
How often do these acquisition loans fail?
Fewer than 20 Allstate Home Inspection acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Lenders financing Allstate Home Inspection resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Byline Bank | 8 | 66.7% | $3.7M | |
| 2 | Centier Bank | 2 | 16.7% | $293K | |
| 3 | First Bank | 1 | 8.3% | $2.1M | |
| 4 | Regions Bank | 1 | 8.3% | $1.4M |
States where Allstate Home Inspection units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Florida | 3 | 25.0% | $2.1M | |
| 2 | California | 2 | 16.7% | $2.6M | |
| 3 | Oregon | 2 | 16.7% | $685K | |
| 4 | Indiana | 2 | 16.7% | $293K | |
| 5 | New York | 1 | 8.3% | $1.4M | |
| 6 | Pennsylvania | 1 | 8.3% | $467K | |
| 7 | Mississippi | 1 | 8.3% | $100K |
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentFree consultation. All 50 states.
Questions buyers ask
How much do buyers borrow to buy an Allstate Home Inspection franchise?
The median SBA 7(a) loan for an Allstate Home Inspection resale was $458,500 across 12 loans (FY2018 to FY2026). The middle half of loans ran from $100,000 to $781,250. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Allstate Home Inspection acquisitions?
Byline Bank has made the most SBA acquisition loans for Allstate Home Inspection (8, 67% of the total). Centier Bank, First Bank, Regions Bank follow.
What interest rate and term do Allstate Home Inspection acquisition loans carry?
The average initial rate at approval was 8.83% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is an Allstate Home Inspection resale riskier than other SBA-financed acquisitions?
Too few Allstate Home Inspection acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are Allstate Home Inspection units being bought with SBA loans?
Florida (3), California (2), Oregon (2), Indiana (2), New York (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Insurance Agencies and Brokerages acquisitions
- Florida acquisitions
- California acquisitions
- Oregon acquisitions
- Byline Bank
- Centier Bank
- First Bank
- All franchise brands
Brand name as recorded by lenders in the SBA file: "ALLSTATE HOME INSPECTION AND ENVIRONMENTAL TE" (franchise code S0040). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.