Established, Award-Winning Farmers Insurance Agency
La Salle County, IL
| Asking Price: | $245,000 |
| Rent: | $1,500/Month |
| Gross Revenue: | $200,000 |
| Established Year: | 2007 |
Listing ID: 2291112Listing provided by BizBuySell
BUSINESS DESCRIPTION
Turn-key opportunity in a growing area!
Own an award-winning Farmers Insurance Agency in a growing small town where the business has been branded from grocery store to school gymnasiums. Farmers Insurance offers 65+ products such as auto, home, business, life, financial services and more. With a Farmers Agency you have the ability to place clients with other companies in addition to Farmers; Get the freedom of being a brokerage with the branding and advertising weight of a nationally recognized company!Agency has 2 fully licensed CSRs, a licensed securities producer and the current Agency owner is willing to stay on as a mentor for a short period.
DETAILED INFORMATION
Location
La Salle County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,650
Lease Expiration
01/07/2025
Employees
2
Facilities
This sale includes complete modern office furniture for Staff and two offices, kitchen amenities, branded decor, and more. Prominent and recognized storefront in an historic downtown.
Competition
Though insurance can be a volatile industry, with Farmers Insurance you have the added advantage of the Kraft Lake Brokerage giving your agency access to companies like Progressive, American General, Travelers Insurance, UA Gold and many others. Let Farmers help advertise your agency at Rose Bowls, Golf Masters Events and during prime time television while providing you the flexibility to make the best financial decisions for you and your clients.
Growth & Expansion
This agency has been a cornerstone in the community for over 15 years and has a solid, professional reputation. The area is growing in business and population which means more opportunity for the agency.
Financing
Multiple options including Farmers Ins Group Fed Credit Union w/ $0 down.
Support & Training
Farmers Insurance has award winning training for agencies and their staff. The current owner is also available, if desired, to continue as a mentor for a short time or as needed.
Reason for Selling
leaving the industry to pursue more civic-minded and non-profit dreams
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