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Businesses For Sale   >>   Other Professional Services Businesses For Sale

Farmers Insurance Agency Office For Sale

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $57562
Net Profit / Cash Flow  $33562
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2011
Number of Employees  1 - 3
Inventory  2000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Full parent corporate training provided on an ongoing / ever present basis.
Reason for Sale  Other business interests.

Description  
Perfect entry level Farmers agency for a newly licensed agent who want to run their own office and secure a stable book of business. 64% Auto, 26% Home, 8% Commercial, 2% Life/FFS per Agency management system for 2013. Currently has one CSR on staff, but to be more profitable and to achieve quoted Adjusted Net Income, this would be for an owner-operator opportunity, pretty much breakeven with the CSR in place presently. NDA is required for full agency management reports on file with Broker and to schedule a meeting with the Seller to discuss the opportunity in greater detail. Buyer will have to qualify with District Manager / Farmers corporate as a condition of closing. Facilities: Office space on second floor of professional building, turnkey opportunity. Competition: Farmers has branded recognition nationwide and a solid reputation. Growth & Expansion: Ideal for owner operator that is looking for a stable book of business as an entry platform into the insurance space. Financing: $75k Down, $1,714 / Month for 35 months.


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