Profitable Small Business Opportunity

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Business Planning and Training Provided
Asking Price:
$70,000

Gross Revenue:
$250,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed

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Business Description

Farmers is interested in entrepreneurial-minded individuals who want be their own boss and run a business with unlimited earning potential. At Farmers Insurance District 36, we give you a unique opportunity to acquire an existing agency & its book of business. We also have the award winning University of Farmers to help train and support you and your staff. There are great benefits to becoming a Farmers agency owner including ongoing commissions for every active policy. Farmers has introduced an entry point for new agency owners to take over an existing book of business.

Acquisition Program

The Agency Acquisitions program provides lucrative financial incentives to capitalized external candidates that purchase from existing Farmers Agents. The candidate receives the full service commissions upon acquisition.

The Candidate

· Proven background in the business environment; either managing or building, etc.

· The desire to build and grown an existing business

· Decisions made with ROI and cash flow in mind

· Self-Motivation and Independence

· Effective time-management skills and self-reliance to accomplish goals

· The ability to identify and focus on priorities

Communication Skills

· The ability to inspire as well as listen and learn from others

· Leadership and people management skills

Performance

· The motivation to work hard and take risks to achieve financial success

· Willing and able to make investments into business opportunities for future gain

· The willingness to accept responsibility for personal success and failures

The Benefits

· Economic Interest

· Monthly New Business Premium Bonus for Acquisition under 1,000 Policies in Force

· Office startup bonus ($10,000) for acquisition under 1,000 policies

· Full commission on purchase agency immediately

Requirements

The qualified Insurance Sales Agent candidate will have at least a high school diploma, although a college degree is preferred. The ideal Farmers Agent will also have:

• Sales and/or customer service experience

• Excellent communication skills both written and verbal

• Entrepreneurial spirit with a fearless and positive attitude

• Self-motivation and goal-orientation

• Strong organizational, time management and follow-through skills

• Desire to continually learn new products and services

• Desire to be active in the community

• Good credit history with no bankruptcies for the past 3 years.

• A favorable criminal record no Felonies

Licensing Requirements

Obtain Property & Casualty License

Obtain Life & Health License

Obtain Series 6 License

About the Business

Year Established:
2018
Relocatable:
Yes
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About the Sale

Training/Support:
Full on-going business and sales training are provided.
Seller Financing:
No initial investment is required.

Listing Info

Keywords:
Small Business, Insurance, Sales, Paid Training, Business Mentor, Financial Services
ID:
1415245
Ad Detail Views:
111

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U.S. Census Data for Hays, Travis and Williamson Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Hays, Travis and Williamson Counties, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue 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 & Conditions.
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