Growing Farmers Insurance Agency

Not Disclosed, MN


Asking Price: Annual Revenue:
$250,000 $161,592

Services: Financial, Accounting, Insurance


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RE: Growing Farmers Insurance Agency Broker: Dan Huber

Quick Facts

Asking Price: $250,000
Annual Revenue: $161,592
Net Profit: Not Disclosed
Cash Flow: $60,689
Total Debt: Not Disclosed
FF&E: $8,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 201650297
Broker Reference #: 17441-659500

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Business Overview:

Growing Farmers Insurance agency. This agency has technology in place for the next owner to step in and continue the growth. Excellent office facilities.

The new owner of this agency will be able to spend time growing and working on the business, marketing to current clients and new prospects on day one.

Top Agents in the district earn over $ 500,000 with the average agent earning over $ 150,000. Farmers Insurance Company has expanded their lines of insurance products to include commercial insurance and financial services.

Farmers Insurance Company will finance the acquisition of this business with the Farmers Insurance Credit Union. Farmers Credit Union will finance up to 15 years at low interest rates.

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.

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:

Relocating

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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