High-Potential Consistent-Performing Farmer’s Book
Business Description
This 20-year-established Farmer’s agency boasts a diverse, 100% owner-operated book of business. With a history of smooth integration and high client loyalty, it provides a reliable, plug-and-play platform for a new operator.
Do not inquire further if you do not have a Farmer’s appointment.
The 1,163 policies have averaged $23,500 in monthly commission over the past 4 years. 353 policies are Auto, 670 are Fire/Home,with around 50/90 for Commercial and Life. Details in the CIM.
The client portfolio primarily consists of middle-aged households and business owners with multiple insured assets. These clients tend to value professional advice and service quality over price-shopping, which supports retention and policy longevity.
A Buyer MUST have sufficient financial credentials to qualify and a Farmers appointment in good standing. Additionally, a Farmer’s representative must approve a sale, and the potential buyer must meet Farmer’s financial guidelines as outlined in the CIM.
One full-time CSR/Producer and one part-time CSR, earning a total of $7,000 per month, round out the staff.
Operating Expenses are a lean 600/month (utilities, internet, and insurance).
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Do not inquire further if you do not have a Farmer’s appointment.
The 1,163 policies have averaged $23,500 in monthly commission over the past 4 years. 353 policies are Auto, 670 are Fire/Home,with around 50/90 for Commercial and Life. Details in the CIM.
The client portfolio primarily consists of middle-aged households and business owners with multiple insured assets. These clients tend to value professional advice and service quality over price-shopping, which supports retention and policy longevity.
A Buyer MUST have sufficient financial credentials to qualify and a Farmers appointment in good standing. Additionally, a Farmer’s representative must approve a sale, and the potential buyer must meet Farmer’s financial guidelines as outlined in the CIM.
One full-time CSR/Producer and one part-time CSR, earning a total of $7,000 per month, round out the staff.
Operating Expenses are a lean 600/month (utilities, internet, and insurance).
NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Years in Operation
- 23
- Employees
- 2 Full-time
- Facilities & Assets
- The 600-square-foot commercial/office space rents for $1,500/month (below market) with a fixed 3% annual escalation. The lease is fully transferable via a strong landlord relationship.
- Market Outlook / Competition
- Despite some upheaval in the California marketplace, Farmer’s is a respected name, and clients are loyal.
- Opportunities for Growth
- By integrating these policies into their operations, a buyer can quickly expand market share and revenue and potentially qualify for higher bonuses. Increasing the development and conversion of carrier-provided internal leads and expanding referral relationships would also spur growth.
About the Sale
- Seller Motivation
- The Seller is starting a career in financial planning and wealth advisory servic
- Transition Support
- To ensure a smooth transition and ongoing success, the Sellers will work with a buyer for 1 month, up to 10 hours per week.
- Financing Options
- Will consider based on a high down payment and a short term.
Listing Info
- ID
- 2481269
- Listing Views
Listing ID: 2481269 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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