This agency has over 750+ PIF and $92,000 in annual revenue. This book has the opportunity for cross-sells and up sales. This agency is available to the right person who meets the qualifications set by Farmers Insurance. Eligible candidates must have obtained or had active a life and p&c licenses, pass a background and credit check and have $70,000 in capital.
Farmers was named JD Power's #1 small business insurer in 2017. Eligible candidates will be purchasing an existing book of business. Once purchased, you will receive immediate cash flow from the existing renewal base, along with any commissions from new business.
The current agent has been doing a great job of maintaining. Now is the time for someone buy to it and increase revenues. There is a lot of upside potential for cross-selling life and securities within the existing book. The current agents underwriting quality is the highest rated by Farmers Insurance.
A well-run agency that is profitable but still has tremendous upside growth potential. This is a rare opportunity at this size PIF.
It has tremendous room for growth and the buyer would be eligible for additional bonus programs.
The agent is motivated to sell due to declining health condition.
Listed for $120,000 price is inclusive of the existing book of business renewals, new logo signage, and office equipment.