Farmers Insurance Agency

Carmichael, CA (Sacramento County)

Farmers Insurance Agency
Contact Seller

Asking Price: $90,000

Cash Flow: $35,000

Gross Revenue: $77,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $1,044 per Month

Established: 2017

Farmers Insurance Agency

Save Print Share Valuation Report

Business Description

Turnkey Farmers Insurance Agency in Sacramento, CA

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 a great way to get started. 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 595 policies in force, high retention, with a mix of preferred personal auto, fire, life, some non-standard auto, and a small commercial book. 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.

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

Invest in your future today and purchase this business! Now has never been a better time to be rewarded with Farmers Insurance. Sign on bonus, signage bonus, monthly performance bonuses, marketing bonus, and so much more!

Additional quarterly bonuses and annual bonuses
One time $5,000 office sign on bonus

Own the best small business opportunity in America with Farmers. With Farmers you're in business for yourself but not by yourself. Backed by a team local, experienced team and a remote corporate team - you'll never be without the tools you need to succeed.

Detailed Information

Location:
Carmichael, CA
Real Estate:
Leased
Building SF:
837
Lease Expiration:
N/A
Employees:
1
Facilities:
Approx 837 SF office, current rent is $1044 per month.
Competition:
Farmers is an All Lines Insurance Company and offers the most discounts in the industry. *More than 50 highly competitive insurance and financial services products including Commercial and Life Insurance. High visibility marketing provided by Farmers along with cost sharing for personalized marketing as well.
Growth & Expansion:
Primarily a renewal book with online self-service available for current customers. Utilize any of the the many marketing resources available to you through Farmers to grow the book.
Financing:
Bank Financing through Farmers Insurance Credit Union or Cash.
Support & Training:
Extensive training provided by Farmers.
Reason for Selling:
Starting new business
Franchise:
This business is an established franchise
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Business Listed By:
Mark Jenkins

Report an issue with this listing

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1782693

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Commercial Capital Training Group

Franchise Opportunity
Cash Required: $25,000