Established Farmers Insurance Agency

Asking Price$215,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Established Farmers Insurance Agency


Asking Price$215,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
20+ year agency with stable cash flows, strong client retention, and multiple levers for organic and inorganic expansion. The agency offers a compelling growth profile for a buyer seeking immediate EBITDA enhancement, long-term scalable growth, and a turnkey business ownership opportunity.
About the Business
Years in Operation
23
Employees
1 Full-time
Franchise
This business is an established franchise
Facilities & Assets
Office space located in well-maintained commercial building located in high traffic commercial/business area. Sale of the agency to include all office furniture and majority of computer equipment. Monthly office lease includes electricity and nightly cleaning services. Covered parking included with lease. Excellent turnkey opportunity. Having an established office is crucial as Farmers limits the number of agencies in a given area which makes opening a new office location difficult. Located at the border of Gilbert and Mesa.
Market Outlook / Competition
Having been in business for almost 100 years, Farmers Insurance has worked to position itself appropriately to ensure a competitive presence in the personal and commercial insurance arenas. Recent rate decreases continue to provide excellent new business opportunities. The agency is situated in the immediate vicinity of several retirement communities, established neighborhoods, and multiple new apartment complexes providing a diverse atmosphere for new business opportunities.
Opportunities for Growth
The agency has significant opportunity to increase revenue through enhanced cross-selling and account rounding initiatives. A meaningful portion of personal and commercial clients currently maintain single-policy relationships, creating immediate upside through cross-selling home, umbrella, life, and ancillary coverages to personal lines clients. The commercial platform can be expanded to increase focus on higher-margin specialty lines and industry-specific programs (contractors, real estate, transportation, etc.) with high-margin growth opportunities.
Real Estate
Owned or Leased
Leased
Rent
$1,406.00 per month
Lease Expiration
1/11/2027
About the Sale
Seller Motivation
Relocation to another state.
Transition Support
Current agency owner willing to provide transition support for a period of time to help ensure a seamless transition.
Listing Info
ID
2456698
Listing Views
12
Business Location

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Business Listed by: Scott Willeford

Listing ID: 2456698 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.