Established Small Farmers Agency in Oklahoma City!

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Asking Price:
$250,000

Gross Revenue:
$119,000
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

Established Farmers agency is located in a desirable location on the west side  of Oklahoma City. This $1M earned premium agency consistent 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. Retention is above the  Market average Experienced, licensed staff are open to transition with the  sale.

About the Business

Location:
Oklahoma City, Oklahoma
Year Established:
2016
Number of Employees:
1
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$1,353.00 Per Month
Lease Expiration:
6/1/2021
Facilities:
Completely turnkey operation, all furniture, equipment, computers, phones, etc., convey with the sale. Staff is open to transition as well. See website for office photos.
Website:
agents.farmers.com/ok/oklahoma-city/jeff-smalling
Market Outlook/
Competition:
Affluent market area with high discretionary income and median home values.
Growth & Expansion:
Excellent Retention and Competitive in Auto and Home when bundled.
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About the Sale

Reason For Selling:
Relocating to be closer to family.
Training/Support:
Farmers University, Onboarding specialists as well as "in agency support" as needed from local Sales Leader.

Listing Info

ID:
1642738
Ad Detail Views:
0

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Business Listed by

lee HERRING

Energia Consulting Partners

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