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Insurance Agency with Recurring Revenue!

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Seller Financing
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Business Description

This nice insurance agency is on the rise, and been consistently growing in the double digits for the last few years!

The corporate office is also offering a 10k marketing bonus to a buyer to help with transition expenses! On top of this, veterans may qualify for a 6k bonus!

They have over $1M in gross written premiums, and almost a thousand P&C policies.

Farmer's does an excellent job of training and providing leads, and they will assist in helping a potential buyer get licensed and know the ropes before taking over the agency.

There are multiple lending options through credit unions that were started by Farmer's former agents and employees.

This is a great career with nice stability for a buyer who isn't afraid to work with people, and helping them find insurance solutions with a quality product!

About the Business

Year Established:
2008
Number of Employees:
1
Relocatable:
Yes
Real Estate:
Leased
Lease Rate/Sq. Ft./Mo.:
$600.00
Facilities:
Current facility is too expensive so seller is looking for a new office to transition from $1300/mo down to $600/mo. Current lease is up in November.
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About the Sale

Reason For Selling:
Another role within Farmer's
Training/Support:
Farmer's corporate provides a great training program prior to taking over the agency.
Seller Financing:
some is negotiable

Listing Info

ID:
1406471
Ad Detail Views:
191
Asking Price:
$165,000

Gross Revenue:
$130,000
Cash Flow:
$60,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed

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Business Listed by

Julie Rossi

Parkwest Business Partners

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