Farmers Insurance Agency for Sale
Business Description
Established Insurance Book of Business
Established Farmers Insurance Agency for Sale in Albuquerque, NM
This well-positioned insurance franchise presents an exceptional opportunity for an aspiring agent or industry professional seeking immediate cash flow generation. Established in 2019, this agency has built a solid foundation with consistent annual revenue of $91,064 and matching seller's discretionary earnings, demonstrating the residual income potential inherent in the insurance industry.
Business Overview:
This turnkey operation includes an established book of business with existing client relationships that generate recurring premium income. The agency benefits from the strength and recognition of the Farmers Insurance brand, providing credibility and marketing support in the competitive Albuquerque market.
Key Assets Included:
- Complete book of business with established client base
- Office location with existing lease arrangements
- Furniture and equipment necessary for operations
- Trained employee to ensure business continuity
- All business data and operational information
Financial Highlights:
- Annual Revenue: $91,064
- Seller's Discretionary Earnings: $91,064
- Residual income model with renewal commissions
- Consistent cash flow from established client relationships
Support and Financing:
The seller provides comprehensive transition support including new agent and staff training through the Farmers District office, ensuring smooth operational continuity. Seller financing is available to qualified buyers, and additional financing options exist through Farmers Insurance Group Federal Credit Union.
Location Advantage:
Situated in Albuquerque, New Mexico's largest city, the agency serves Bernalillo County's diverse population and growing economy, providing ample opportunity for client base expansion.
This represents an ideal opportunity for someone seeking to enter the insurance industry with an established foundation rather than building from scratch. The current owner is transitioning to a different career industry, creating this unique acquisition opportunity.
Franchise benefits include ongoing corporate support, established systems and procedures, brand recognition, and access to comprehensive insurance products. The residual nature of insurance commissions provides long-term income stability as clients renew policies annually.
Perfect for: Insurance professionals, career changers seeking stable income, or entrepreneurs interested in a proven business model with established cash flow and growth potential in New Mexico's insurance market.
This well-positioned insurance franchise presents an exceptional opportunity for an aspiring agent or industry professional seeking immediate cash flow generation. Established in 2019, this agency has built a solid foundation with consistent annual revenue of $91,064 and matching seller's discretionary earnings, demonstrating the residual income potential inherent in the insurance industry.
Business Overview:
This turnkey operation includes an established book of business with existing client relationships that generate recurring premium income. The agency benefits from the strength and recognition of the Farmers Insurance brand, providing credibility and marketing support in the competitive Albuquerque market.
Key Assets Included:
- Complete book of business with established client base
- Office location with existing lease arrangements
- Furniture and equipment necessary for operations
- Trained employee to ensure business continuity
- All business data and operational information
Financial Highlights:
- Annual Revenue: $91,064
- Seller's Discretionary Earnings: $91,064
- Residual income model with renewal commissions
- Consistent cash flow from established client relationships
Support and Financing:
The seller provides comprehensive transition support including new agent and staff training through the Farmers District office, ensuring smooth operational continuity. Seller financing is available to qualified buyers, and additional financing options exist through Farmers Insurance Group Federal Credit Union.
Location Advantage:
Situated in Albuquerque, New Mexico's largest city, the agency serves Bernalillo County's diverse population and growing economy, providing ample opportunity for client base expansion.
This represents an ideal opportunity for someone seeking to enter the insurance industry with an established foundation rather than building from scratch. The current owner is transitioning to a different career industry, creating this unique acquisition opportunity.
Franchise benefits include ongoing corporate support, established systems and procedures, brand recognition, and access to comprehensive insurance products. The residual nature of insurance commissions provides long-term income stability as clients renew policies annually.
Perfect for: Insurance professionals, career changers seeking stable income, or entrepreneurs interested in a proven business model with established cash flow and growth potential in New Mexico's insurance market.
About the Business
- Years in Operation
- 7
- Employees
- 1 Full-time
- Franchise
- This business is an established Farmers Insurance Agency franchise
- Facilities & Assets
- Office location and furniture and all documents/data related to the business
About the Sale
- Seller Motivation
- Agent is changing career industry
- Transition Support
- New agent and new staff training through the District office
- Financing Options
- Farmers Insurance Group Federal Credit Union available as option
Listing Info
- ID
- 2478040
- Listing Views
Listing ID: 2478040 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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