Leading Farmers Insurance Agency

Not Disclosed, MN
Dakota County


Asking Price: Annual Revenue:
$1,375,000 $564,284

Services: Financial, Accounting, Insurance


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RE: Leading Farmers Insurance Agency Broker: Dan Huber
Owner Financing is Available!
$500,000.00

Quick Facts

Asking Price: $1,375,000
Annual Revenue: $564,284
Net Profit: Not Disclosed
Cash Flow: $433,121
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 370150297
Broker Reference #: 17441-626835

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Business Overview:

This top farmers Insurance Agency. Located in the Twin Cities metro area. The owner has been part of the community for over 30 years and will work with the new agent/owner to transfer clients and build relationships. This agency has been providing excellent personal service which is reflected in their excellent client retention rate and excellent client claims history. This agency also has a fully licensed and professional staff in place to service current and new clients.

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Property Features and Assets:

This agency is over 30 years old and has grown to one of the top Farmers agencies in the state.

Market Competition and Expansion:

There is competition in the insurance and financial services industry. The new owner of this agency will start with a strong client base and the ability to sell new lines of business to existing clients. In addition there is an existing database of qualified prospects to sell all lines of service too. There is excellent growth potential; by selling to existing customers and tapping into Farmers national branding and marketing program.

Reason for Selling:

Retiring

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 not a franchise resale opportunity.

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