Farmers Insurance Agency in the San Fernando Valley Area

Los Angeles, CA (Los Angeles County)

Farmers Insurance Agency in the San Fernando Valley Area
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Asking Price: $150,000

Cash Flow: $0

Gross Revenue: $140,000

EBITDA: $0

FF&E: $0

Inventory: N/A

Rent: $900 per Month

Established: N/A

Farmers Insurance Agency in the San Fernando Valley Area

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Business Description

Agency Ownership Opportunity Availble

We have multiple established books of business in the San Fernando Valley/Ventura County area. The agencies are located in the San Fernando Valley/Ventura County area but can be relocated to any office location you desire (ideally within a 30 mile radius of current offices). Sale price is TBD, serious candidates can meet with the agents and negotiate. Price is totally negotiable between agent and buyer. This is an excellent opportunity for a candidate who wants to cross-sell these mainly personal lines books of business as well as take advantage of our lucrative start-up bonuses, see below for additional information.

Looking to acquire a bigger or smaller book of business? We can work with you to accommodate any size of agency to fit your needs.

Start up incentives include:

Book qualifies for a 6 quarter bonus structure starting at a 180% new business commission multiplier (paid monthly)commission multiplier (paid monthly)
Additional quarterly bonuses and annual bonuses
One time $7,500 office sign on bonus
$500 monthly marketing bonuses for 3 years
District paid trips/vacations and much more

The requirements are as follow:

Satisfactory results of background check
Property & Casualty License
Life, Accident & Health License
Minimum of $50,000 in assets (can be a combination of liquid, credit lines, and retirement plans such as 401k and IRA's) THIS IS NOT MONEY PAID TO FARMERS, IT IS A REQUIREMENT AS PROOF OF CAPITALIZED AND FINANCIALLY RESPONSIBLE CANDIDATES
Compliant office location (will need corporate approval) and 1 licensed and appointed staff/employee

If taking over an existing book of business is not for you, we also have our retail program with aggressive commission bonuses (300% on top of normal commissions) tailored for candidates that have a successful track record in financial services, sales, or networking and are ready to hit the ground running.

CONTACT INFO:

Any questions, concerns, or requests for additional information you may contact Marta Layne or Jose Moreano at the Farmers District Office. 818-564-4561 marta.jmoreano@farmersagency.com

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Facilities:
We have a good office opportunity with signage available at an aggressive lease rate. Office space is optional
Competition:
Farmers is an All Lines Insurance Company and we offer the most discounts in the industry. *More than 50 highly competitive insurance and financial services products including Commercial and Life Insurance.
Growth & Expansion:
We are looking to expand our footprint in the highly profitable Los Angeles Market.
Financing:
Finance options available from our Farmers Insurance Federal Credit Union
Support & Training:
While working with our team, you receive extensive sales training, product training, and support throughout your career. Our dedicated team helps to coach you through your start-up, by providing support from Product Specialists, Business Consultants, Marketing Managers, in addition to the District Manager and the Southern California Territory team.
Business Website:
http://recruitment.farmers.com/district-manager-locator/ca/woodland-hills/jose-
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Business Listed By:
Marta Layne

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Ad#:1740130

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