$3.5 Million BoB Farmers Insurance Agency for Sale
Business Description
ESTABLISHED FARMERS INSURANCE AGENCY FOR SALE
This well-established Farmers Insurance agency presents an exceptional opportunity for an experienced agent or entrepreneur seeking to acquire a profitable book of business in the thriving Long Beach, California market. Operating successfully since 2010, this agency has built a solid foundation with consistent performance and strong client relationships.
FINANCIAL PERFORMANCE:
- Annual Revenue: $308,000
- Book of Business: $3.5 million in premium
- Asking Price: $350,000
- Strong revenue-to-asking price ratio demonstrates excellent value
BUSINESS HIGHLIGHTS:
- High client retention rates indicating quality service and customer satisfaction
- Long-standing agency with 14+ years of continuous operation
- Established customer base providing stable recurring revenue
- Prime Long Beach location in Los Angeles County market
LOCATION & FACILITIES:
- 1,000 square feet of professional office space
- Affordable lease at $1,500 per month
- Lease term extends through June 1, 2026
- Business is relocatable if desired
SUPPORT & TRAINING:
The seller, a Top-Level District Manager with Farmers Insurance, offers comprehensive post-sale support including:
- Structured onboarding process
- Hands-on training sessions
- Ongoing consulting and mentorship
- Performance reviews and business development guidance
- Full integration support with Farmers Insurance systems and culture
FINANCING:
- Bank referral available covering 90% of purchase price
- Favorable financing terms to qualified buyers
REASON FOR SALE:
Owner retiring after successful career, creating opportunity for new leadership to continue growth trajectory.
This turnkey operation offers immediate cash flow, established systems, and comprehensive seller support, making it an ideal acquisition for someone ready to step into a profitable insurance agency with significant growth potential in the dynamic Southern California market.
This well-established Farmers Insurance agency presents an exceptional opportunity for an experienced agent or entrepreneur seeking to acquire a profitable book of business in the thriving Long Beach, California market. Operating successfully since 2010, this agency has built a solid foundation with consistent performance and strong client relationships.
FINANCIAL PERFORMANCE:
- Annual Revenue: $308,000
- Book of Business: $3.5 million in premium
- Asking Price: $350,000
- Strong revenue-to-asking price ratio demonstrates excellent value
BUSINESS HIGHLIGHTS:
- High client retention rates indicating quality service and customer satisfaction
- Long-standing agency with 14+ years of continuous operation
- Established customer base providing stable recurring revenue
- Prime Long Beach location in Los Angeles County market
LOCATION & FACILITIES:
- 1,000 square feet of professional office space
- Affordable lease at $1,500 per month
- Lease term extends through June 1, 2026
- Business is relocatable if desired
SUPPORT & TRAINING:
The seller, a Top-Level District Manager with Farmers Insurance, offers comprehensive post-sale support including:
- Structured onboarding process
- Hands-on training sessions
- Ongoing consulting and mentorship
- Performance reviews and business development guidance
- Full integration support with Farmers Insurance systems and culture
FINANCING:
- Bank referral available covering 90% of purchase price
- Favorable financing terms to qualified buyers
REASON FOR SALE:
Owner retiring after successful career, creating opportunity for new leadership to continue growth trajectory.
This turnkey operation offers immediate cash flow, established systems, and comprehensive seller support, making it an ideal acquisition for someone ready to step into a profitable insurance agency with significant growth potential in the dynamic Southern California market.
About the Business
- Years in Operation
- 16
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $1,500.00 per month
- Lease Expiration
- 6/1/2026
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- As a Top-Level District Manager with Farmers Insurance, our office is dedicated to providing comprehensive support to new agents and team members. From your very first day, we will guide you through a structured onboarding process that ensures you understand our systems, tools, and company culture. We provide hands-on training sessions to equip you with the knowledge and skills necessary for success in the insurance industry. Beyond the initial onboarding phase, we remain an active partner in your professional journey, offering ongoing consulting, mentorship, and performance reviews. Our goal is to help you grow your business, meet your production targets, and develop into a confident, knowledgeable representative of Farmers Insurance.
- Financing Options
- Bank Referral covering 90% of the Loan
Listing Info
- ID
- 2490448
- Listing Views
Listing ID: 2490448 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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