Established Fort Worth Farmers Agency for Sale!

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Asking Price:
$480,000

Gross Revenue:
$200,573
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Company: Farmers
City/State: Forth Worth, Texas
County: Tarrant
Location Available: Yes
Rent/Lease Terms: Annual
Rent/Lease Rate: $1,507.00
F&E Available: Yes
Years in business: 13
Location Photos: Available on request
Current Agency Staffing: Staff will not transition with the sale.
FINANCIAL
Asking Price: $480.000
Annual New/Renewal Revenues: $200,573
Earned Premium: $1,811,378.00
Bank Financing Available: Local and national lender referrals available on request
Seller Financing Available: No
Detailed Financial Reports: Available on request
GENERAL INFORMATION
VERY MOTIVATED SELLER READY TO SELL!
Established 13-year Farmers agency is located in a desirable location. This $1.8+ Million earned premium agency consist of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Good potential to increase revenues through new & renewal commissions as well as performance bonus based on growth, retention, etc. Customer loyalty ratings are above market and state ratios. Current agent is willing to transition new owner for the short term if desired.

About the Business

Location:
Fort Worth, Texas
Year Established:
2006
Number of Employees:
0
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$1,507.00 Per Month
Lease Expiration:
9/30/2022
Facilities:
Agency is fully functioning turn key operation with the exception of staff. All furniture, computers, phones and equipment will convey with the sale.
Market Outlook/
Competition:
Farmers Recruiter and Management will provide all necessary demographic and competitive data.
Growth & Expansion:
Farmers Recruiter and Management will provide all necessary demographic and competitive data.
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About the Sale

Reason For Selling:
Other business interest and possible relocation.
Training/Support:
Farmers University, On boarding specialists, web based training and "in agency" support provided as needed by local management.

Listing Info

ID:
1636222
Ad Detail Views:
0

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Business Listed by

lee HERRING

Energia Consulting Partners

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