Established Farmers Agency

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Successful, Growing Book of Business for Farmers Insurance
Asking Price:
$240,000

Gross Revenue:
$175,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Agency is a very balanced book with auto, home, commercial, and life. This agency has just over 1700 policies in force and $2.1M in gross written premium.

This book of business qualifies for our accelerated commission and bonus structure for the first three years. This agency qualifies for increased commission rates as well as very impressive quarterly and year end bonuses for the first three years.

Current revenue of $175,000 is strictly the renewal commissions and does not include any new business commissions or any of Farmers' 28 bonus opportunities.

About the Business

Year Established:
1999
Number of Employees:
1
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$1,400.00 Per Month
Lease Expiration:
12/31/2019
Facilities:
Established office located in Federal Way for past 19 years. Can be relocated if necessary.
Farmers Agents own the commissions to their book of business and can sell the rights when they resign/retire.
Website:
recruitment.farmers.com/district-manager-locator/wa/renton/robert-lee
Growth & Expansion:
No Franchise fees or royalties. Be your own boss. Be in business for yourself, but not by yourself.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Online self-paced training, in-person classroom training, one-on-one coaching and corporate training provided.
Seller Financing:
FIG FCU offers 100% financing with zero down and zero collateral OAC

Listing Info

ID:
1423921
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  March 2018 Acquisition recruitin... (3 MB)
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Business Listed by
Rob Lee

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U.S. Census Data for King County, WA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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