Become a CA Farmers Insurance Agency Owner!

Thousand Oaks, CA
Los Angeles County

Asking Price: Annual Revenue:
$169,000 $125,000

Services: Financial, Accounting, Insurance

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RE: Become a CA Farmers Insurance Agency Owner! Broker: Rick Carlson
License #: 01820673

Quick Facts

Asking Price: $169,000
Annual Revenue: $125,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 1
BBN Listing #: 939727574
Broker Reference #: 884 Insurance

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Business Overview:

If you are an entrepreneur looking to start your very first insurance agency, becoming a Farmers insurance agent by purchasing a starter book of business is an excellent way to get started in the business. Own your business while being associated with a premier brand and corporation offering support and training to help you with your success. Agency is profitable with over 600 policies in force, healthy retention, with a mix of preferred personal auto, fire, life, some non-standard auto, and commercial policies. Well-located office makes for a simple transition. New owner may stay in current office or relocate. Perfect opportunity for a brand-new agent. Must be licensed or close to completing licensing in California.

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Property Features and Assets:

Facilities: Approximately 500 square feet office, current rent is $875 per month. On a main street near popular restaurants, shops, recreation, and homes. Parking is plentiful.

Market Competition and Expansion:

Competition: The insurance industry competitive landscape is highly fragmented. Provide a high level of customer service and consistent marketing efforts to succeed in this marketplace. Growth & Expansion: Primarily a renewal book with online self-service available for current customers. Utilize the many marketing resources available to you through Farmers to grow this book.

Reason for Selling:

Other business interests.

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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