Farmers Insurance Agency Under $100k

Not Disclosed, MN

Asking Price: Annual Revenue:
$95,000 $109,567

Services: Financial, Accounting, Insurance

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RE: Farmers Insurance Agency Under $100k Broker: Dan Huber

Quick Facts

Asking Price: $95,000
Annual Revenue: $109,567
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 1
BBN Listing #: 296850297
Broker Reference #: 17441-663544

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Business Overview:

The price of this agency is being heavily discounted because of its small size and the owner wanting a quick exit of the business. Perfect for an executive or sales minded person to start their own business and build a residual income.

This business can be financed through Farmers Insurance Federal Credit Union. Farmers Credit Union has terms of up to 15 years and low interest rates.

Average commissions for agents is over $ 100,000 annually. Top agents earn over $ 500,000 in annual commissions.

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.

The revenue and commission trends in this business is steady. The insurance business/industry is steady and offers residual income. As you build you business the commission revenue continues to grow above the year before.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Changing industries.

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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