Established book of business with great growth potential
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This well-established Farmers Insurance franchise, operating since 2011, presents an exceptional opportunity in Idaho's rapidly growing Treasure Valley market. With annual revenue of $181,000 and strong cash flow of $120,000, this agency manages a robust $1.7 million premium book built on quality relationships and client trust.
BUSINESS HIGHLIGHTS:
• Centrally located with prime visibility - intersection sees 30,000+ vehicles daily
• Established client base with many 20+ year relationships
• Experienced staff open to remaining with new owner
• Easy freeway access serving entire Treasure Valley within 20 minutes
• Relocatable franchise with proven brand recognition
• Low overhead - $1,200/month lease for 1,000 sq ft office
GROWTH OPPORTUNITIES:
• Cross-sell life, business, and recreational insurance to existing book
• Capitalize on Treasure Valley's rapid population and business growth
• Expand licensing to additional states through Farmers network
• Access to secondary brokerage market unlike most captive agencies
• Significant potential to grow existing premium base
FRANCHISE SUPPORT:
• Comprehensive district office training and ongoing support
• Mandatory new agent training covering products and income opportunities
• Professional coaching and award-winning University of Farmers training
• Bonus opportunities, including signing, branding, and performance bonuses
• Marketing assistance and licensing support
SMOOTH TRANSITION:
• Seller committed to warm client handoff via letters and emails
• Existing staff maintains excellent client relationships
• Everything needed to operate included
• Financing available through Farmers Credit Union
• Owner selling due to life changes - no competition concerns
This turnkey opportunity combines an established revenue stream with significant growth potential in one of America's fastest-growing markets, backed by a Fortune 500 brand and comprehensive franchise support system.
BUSINESS HIGHLIGHTS:
• Centrally located with prime visibility - intersection sees 30,000+ vehicles daily
• Established client base with many 20+ year relationships
• Experienced staff open to remaining with new owner
• Easy freeway access serving entire Treasure Valley within 20 minutes
• Relocatable franchise with proven brand recognition
• Low overhead - $1,200/month lease for 1,000 sq ft office
GROWTH OPPORTUNITIES:
• Cross-sell life, business, and recreational insurance to existing book
• Capitalize on Treasure Valley's rapid population and business growth
• Expand licensing to additional states through Farmers network
• Access to secondary brokerage market unlike most captive agencies
• Significant potential to grow existing premium base
FRANCHISE SUPPORT:
• Comprehensive district office training and ongoing support
• Mandatory new agent training covering products and income opportunities
• Professional coaching and award-winning University of Farmers training
• Bonus opportunities, including signing, branding, and performance bonuses
• Marketing assistance and licensing support
SMOOTH TRANSITION:
• Seller committed to warm client handoff via letters and emails
• Existing staff maintains excellent client relationships
• Everything needed to operate included
• Financing available through Farmers Credit Union
• Owner selling due to life changes - no competition concerns
This turnkey opportunity combines an established revenue stream with significant growth potential in one of America's fastest-growing markets, backed by a Fortune 500 brand and comprehensive franchise support system.
About the Business
- Years in Operation
- 15
- Employees
- 2 (1 Full-time, 1 Part-time)
- Currently Relocatable
- Yes
- Franchise
- This business is an established Farmers Insurance Agency franchise
- Facilities & Assets
- There is no current lease agreement; one will be written if the new owners choose to remain at this location. Office space includes a front reception area, three enclosed offices, an enclosed file room that could be a 4th office, a small break room, and 2 restrooms. Furniture is optional and includes 2 U-shaped desks, an L-shaped desk, a single desk, multiple file cabinets, 2 credenzas, and a small table. Two Dell Desktop computers with double monitors will be included as well. All Farmers-branded signs or decorations are also included.
The book of business comprises a well-balanced personal lines book, a commercial book that includes both Farmers and outside policies, and plenty of life insurance cross-sell opportunities. The book also includes policies from the following states: ID, OR, WA, and MT. This business was built by consultative sales, which has kept great loyalty through the years. - Market Outlook / Competition
- The insurance industry is integral to every other operation in this country. Farmers Insurance has proven to be at the top of the market in claims experience and agent opportunities. Not only will you have exclusive access to one of the most recognized names in the industry, but you will also have something that most captive agencies lack: a secondary brokerage market. Idaho is an expanding market, and Farmers allows you to be licensed and sell in other states and take advantage of growth opportunities there.
Why Farmers:
• Professional coaching that can help you grow your business
• Award-winning University of Farmers training
• The ability to be your own boss and run a business
• The opportunity to build a legacy that can be carried over to your family or sold to a future entrepreneur
• Represent one of America’s most-recognized Fortune 500 brands - Opportunities for Growth
- This agency's book of business can be mined to cross-sell life, business, and recreational insurance to grow internally. On top of that, the Treasure Valley is one of the fastest-growing areas in the country, with new families and businesses moving in daily. If you are thinking on a larger scale, you can even expand to include other states in your licensing and appointments. The right person can grow this existing $1.7 million premium book as large as they want.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $1,200.00 per month
About the Sale
- Seller Motivation
- Life Changes - will not be in competition with new owner.
- Transition Support
- The district office will both train and support a new agent's start, including help with licensing, staffing, and marketing. The seller will send letters and emails to active clients to provide a warm hand-off, and the existing staff has a great working relationship with the entire client base. Farmers also provides numerous training opportunities, including mandatory new agent training that will familiarize you with products and income opportunities, including bonuses and increased renewal compensation.
Potential bonus opportunities for qualified agency owners include: Signing Bonus, Exterior Branding Bonus, Monthly and Annual Bonus - Financing Options
- Financing options available through Farmers Credit Union
Listing Info
- ID
- 2513445
- Listing Views
Listing ID: 2513445 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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