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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