Milton GA Farmers Agency- Quality Book of Business

Alpharetta, GA
Fulton County

Milton/Alpharetta in downtown Crabapple


Asking Price: Annual Revenue:
$400,000 $230,000

Services: Financial, Accounting, Insurance


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RE: Milton GA Farmers Agency- Quality Book of Business Broker: Seller of Business
Owner Financing is Available!
50% Downpayment then 5 years at 5% interest

Quick Facts

Asking Price: $400,000
Annual Revenue: $230,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 446663182
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Agency 2M in premium and $230k in commissions in 2020. Owner Financing Available. Milton, GA - Excellent location in downtown Crabapple. It's an expensive area, but we have the best rent in town. Room for front desk and three other close door office places. Deep book of business - many customers with home, auto, umbrella, specialty. We avoided writing state minimums with auto. Retention stays around 85% (10% better than district and state average). Meticulously organized book of business. Lots of opportunities for life, commercial and financial services cross sells. Most office furniture and décor included. No staff included. Owner is selling to spend more time with family. Motivated seller! :)

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Property Features and Assets:

Beautiful office that looks like a sweet southern farmhouse. There is a lobby and 3 closed door office spaces (so 4 total). Great price on rent. Right in the middle of town and walking distance to shops and homes. Events take place right down the street and there is Farmers market next door every Wednesday. Most office furniture is included. Office is Smart Office compliant with all Farmers branding.

Market Competition and Expansion:

Farmers is a quality insurance carrier that has only been in GA for 10 years. So there is still a lot of market share compared to others in the industry. Farmers also has better claims experience than many other insurance companies. They like to do right by their customers. Farmers also just bought MetLife so there will be potential to quote Metlife policies as of Novemeber to add to our product line.

Reason for Selling:

Want to be with my Kids :)

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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