Turnkey $7.8M Premium Farmers Agency avail in Williamson County
Business Description
Established Farmers Insurance Agency - Turnkey Operation with $7.8M Premium.
This premier Farmers Insurance franchise presents an exceptional opportunity to acquire a well-established agency with nearly 30 years of operational history. Located in the growing Cedar Park area of Williamson County and in Burnet County, Texas, the agency generates $822,000 in annual revenue with strong cash flow of $432,000.
Business Overview:
The agency manages approximately $7.8 million in gross written premium with approximately 4,300 policies in force. Established in 1995, this turnkey operation maintains Farmers' highest "PRIME" rating, indicating superior health and production performance. The business operates from three offices....two are on major highways with excellent visibility.
Financial Performance:
• Annual Revenue: $822,000
• Cash Flow (SDE): $432,000
• Monthly new business premium averages $80,000 (well above Farmers average agency)
• Healthy loss ratios demonstrating profitable business operations
• Priced at 2.3x gross annual agency revenue
Key Assets & Advantages:
• Experienced 5-person staff team with 75+ combined years of industry experience
• Updated automated marketing systems and professional infrastructure
• Above-average new business production performance
• Prime location with limited Farmers representation in surrounding areas
• Strong client base primarily in Burnet and Williamson Counties
Growth Opportunities:
The agency is positioned in high-growth markets north of Austin, with significant expansion potential in the Highland Lakes/Burnet County area. Financial services products represent substantial untapped revenue, as few current clients utilize these offerings. Farmers' new program allowing agents to write select products with other carriers provides additional flexibility while maintaining captive agency support.
Training & Support:
Farmers provides comprehensive University of Farmers training for new owners. The seller, with 30+ years of Farmers experience including 15+ years as a managing agency trainer, offers extensive transition support. Local district management provides ongoing operational assistance.
Financing Available:
Up to $300K in owner financing may be available to well qualified buyer. Candidates typically require minimum $250,000 liquid capital and clean credit/criminal background for company/seller approval.
This represents a rare opportunity to acquire a top-performing Farmers agency in a prime Texas market with established systems, experienced staff, and significant growth potential.
This premier Farmers Insurance franchise presents an exceptional opportunity to acquire a well-established agency with nearly 30 years of operational history. Located in the growing Cedar Park area of Williamson County and in Burnet County, Texas, the agency generates $822,000 in annual revenue with strong cash flow of $432,000.
Business Overview:
The agency manages approximately $7.8 million in gross written premium with approximately 4,300 policies in force. Established in 1995, this turnkey operation maintains Farmers' highest "PRIME" rating, indicating superior health and production performance. The business operates from three offices....two are on major highways with excellent visibility.
Financial Performance:
• Annual Revenue: $822,000
• Cash Flow (SDE): $432,000
• Monthly new business premium averages $80,000 (well above Farmers average agency)
• Healthy loss ratios demonstrating profitable business operations
• Priced at 2.3x gross annual agency revenue
Key Assets & Advantages:
• Experienced 5-person staff team with 75+ combined years of industry experience
• Updated automated marketing systems and professional infrastructure
• Above-average new business production performance
• Prime location with limited Farmers representation in surrounding areas
• Strong client base primarily in Burnet and Williamson Counties
Growth Opportunities:
The agency is positioned in high-growth markets north of Austin, with significant expansion potential in the Highland Lakes/Burnet County area. Financial services products represent substantial untapped revenue, as few current clients utilize these offerings. Farmers' new program allowing agents to write select products with other carriers provides additional flexibility while maintaining captive agency support.
Training & Support:
Farmers provides comprehensive University of Farmers training for new owners. The seller, with 30+ years of Farmers experience including 15+ years as a managing agency trainer, offers extensive transition support. Local district management provides ongoing operational assistance.
Financing Available:
Up to $300K in owner financing may be available to well qualified buyer. Candidates typically require minimum $250,000 liquid capital and clean credit/criminal background for company/seller approval.
This represents a rare opportunity to acquire a top-performing Farmers agency in a prime Texas market with established systems, experienced staff, and significant growth potential.
About the Business
- Years in Operation
- 30
- Employees
- 6 (3 Full-time, 2 Part-time, 1 Contractor)
- Franchise
- This business is an established franchise
- Facilities & Assets
- Agency currently leases three offices in three neighboring towns. Leases have about 12 months remaining and is available for assumption. All furniture and technology is included with sale.
- Market Outlook / Competition
- Farmers insurance is currently in a strong growth mode. Agency averages about $80K per month in in New Business Premium which is well above average. Agency has VERY healthy loss ratios (profitable book of business for company) and two of the towns agency is located in has little to no other Farmers Agency representation..
- Opportunities for Growth
- Agency locations (2) are in areas that are currently experiencing growth and will very likely experience significant growth over next several years (Burnet County / Highland Lakes area). Financial Services is a point of emphasis with Farmers moving forward. Currently, very few of the clients that comprise the agency have financial services products w/ Farmers. Farmers also has a new program that allows agents to write certain products with other companies...This provides the support of a captive agency model with flexibility of independent type model.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
- Rent
- $4,600.00 per month
About the Sale
- Seller Motivation
- Retirement/ Career Change
- Transition Support
- Farmers conducts a thorough University of Farmers training course for all newly appointed Agency owners. There is also a well established staffing team at agency with over 75-years combined experience. Seller has over 30 years experience w/ Farmers including 15+ years as a managing agency trainer. Farmers local District Manager & staff also provides great support.
- Financing Options
- Access to preferred lender. Up to $300K of owner financing for qualified buyer.
Listing Info
- ID
- 2407608
- Listing Views
- 226
Listing ID: 2407608 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.