Long Standing Agency for Sale in Worth IL
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ESTABLISHED FARMERS INSURANCE AGENCY FOR SALE
This well-established Farmers Insurance agency presents an exceptional opportunity for an aspiring or experienced insurance professional. Located in Palos Heights, IL, this family-owned operation has built a solid foundation over two decades of dedicated service to the community.
FINANCIAL HIGHLIGHTS:
• $1.7 million in annual premium volume
• Strong commercial insurance focus (78% of business mix)
• Established since 2019 with consistent revenue history
• Asking price: $325,000
BUSINESS ADVANTAGES:
• Heavily commercial portfolio provides higher retention rates and cross-selling opportunities
• Experienced staff committed to staying through ownership transition
• Strong community presence and client relationships
• Relocatable business model offers flexibility
• Franchise support system with proven operational framework
OPERATIONAL BENEFITS:
The agency's commercial insurance focus sets it apart from typical home and auto-heavy agencies, providing immediate cross-selling opportunities and typically higher profit margins. The loyal client base has been carefully cultivated through exceptional service and community involvement.
SUPPORT & TRAINING:
Farmers Insurance provides comprehensive training and development programs for new agency owners, including free licensing coursework for unlicensed buyers. Hands-on training covers successful launch strategies and agency scaling techniques.
MARKET OPPORTUNITY:
Farmers is experiencing rapid growth in Illinois with significant expansion potential. The district currently operates 21 agents with capacity for 121, indicating strong market demand and growth opportunities.
The current owner is retiring after successfully building this thriving agency. With established systems, committed staff, and a strong commercial client base, this represents an excellent opportunity for continued growth and profitability in the insurance sector.
This well-established Farmers Insurance agency presents an exceptional opportunity for an aspiring or experienced insurance professional. Located in Palos Heights, IL, this family-owned operation has built a solid foundation over two decades of dedicated service to the community.
FINANCIAL HIGHLIGHTS:
• $1.7 million in annual premium volume
• Strong commercial insurance focus (78% of business mix)
• Established since 2019 with consistent revenue history
• Asking price: $325,000
BUSINESS ADVANTAGES:
• Heavily commercial portfolio provides higher retention rates and cross-selling opportunities
• Experienced staff committed to staying through ownership transition
• Strong community presence and client relationships
• Relocatable business model offers flexibility
• Franchise support system with proven operational framework
OPERATIONAL BENEFITS:
The agency's commercial insurance focus sets it apart from typical home and auto-heavy agencies, providing immediate cross-selling opportunities and typically higher profit margins. The loyal client base has been carefully cultivated through exceptional service and community involvement.
SUPPORT & TRAINING:
Farmers Insurance provides comprehensive training and development programs for new agency owners, including free licensing coursework for unlicensed buyers. Hands-on training covers successful launch strategies and agency scaling techniques.
MARKET OPPORTUNITY:
Farmers is experiencing rapid growth in Illinois with significant expansion potential. The district currently operates 21 agents with capacity for 121, indicating strong market demand and growth opportunities.
The current owner is retiring after successfully building this thriving agency. With established systems, committed staff, and a strong commercial client base, this represents an excellent opportunity for continued growth and profitability in the insurance sector.
About the Business
- Years in Operation
- 7
- Employees
- 2 (1 Full-time, 1 Part-time)
- Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- While the agency has a current lease, the business can be moved.
- Market Outlook / Competition
- Farmers in growing rapidly in Illinois and continues to invest in growing market share in the state. We currently have 21 agents in our district, and we could have 121 with room to grow. We have a great product at a great price - just looking for new agency owners to build a team and grow.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Farmers insurance offers training and development for all new agency owners including free coursework for those who are not currently licensed in insurance. We provide hands on training on what is needed for a successful launch and scaling your agency.
Listing Info
- ID
- 2499867
- Listing Views
Listing ID: 2499867 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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