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Established Agency for Sale with Bonus Opportunities

Bexar County, TX

Seller Financing Available

Asking Price:$50,000
Established Year:2020
Gross Revenue:$40,000
Listing ID: 2238848Listing provided by BizBuySell
BUSINESS DESCRIPTION

Are you looking to grow a residual income stream? You've found it.

Looking for an established business owner opportunity with a trusted and nationally recognized brand?!?

This Farmers Insurance Agency is located in San Antonio, and the seller is very motivated to sell due to personal reasons. Asking price is approximately the annual revenue of the agency.

Along with the revenue from the existing book of business (renewals) and new business sales, this opportunity comes with 15 months of additional bonus opportunities starting at 210% applied to monthly commissions. Farmers Insurance also provides monies to rebrand exterior of the office plus upfront monies to help with startup costs.

Central Texas is rapidly growing and is one of the fastest growing metro areas of the US. This agency is in a prime location based on the expanding suburban areas surrounding San Antonio, TX.

Learn more here:

https://agency-recruiting.foleon.com/farmers/acquisition-program-flyer/

ATTACHED DOCUMENTS
FIC-0474-23 Agency Owner Pitch Brochure.pdf.pdf Download
DETAILED INFORMATION
Location
Bexar County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
Buyer can take over the existing, already approved office location, or locate and secure a new location with the approval of Farmers’ corporate office. Easily can be relocated anywhere around the greater San Antonio, TX area.
Competition
Insurance is a highly competitive industry but when you are partnered with one of the industry leaders in Farmers Insurance you are always going to have leading products with a powerful brand behind you in your efforts. Farmers is very careful not to place Agencies in a location that might unduly interfere with the established business of another Agency. This helps to protect all Farmers Insurance Agencies.
Growth & Expansion
Central Texas is where Farmers Insurance would like to grow their market share and premium base mainly due to the population growth of the area as well as limited catastrophe exposure compared to elsewhere in Texas. Huge upside to grow this agency. Ability to write business all over the state of Texas. Life Insurance, Commercial Insurance, and personal lines.
Financing
Company owned Farmers Ins Group Credit Union to help with financing.
Support & Training
You will receive training, support & partnership from one of the top District Offices in the USA. District 46 provides a new hire boot camp, comprehensive onboarding training, & weekly check-ins with your local Business Coach. You will also receive industry leading training through University of Farmers online. Also, get access District lead program to help you grow!
Reason for Selling
Transitioning out of the insurance industry for personal family reasons.
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Carl Prieto
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Carl Prieto
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