Established Business Ready to Grow!!!!

Spring Branch, TX

Seller Financing Available

Asking Price:$150,000
Established Year:2009
Gross Revenue:$105,000
BUSINESS DESCRIPTION

Looking for an established business owner opportunity with a leader?

Annual premiums of approximately $1 mil. Gross 12 month commissions around $105K. Strong retention rates. Primarily standard personal lines. Some commercial lines and life insurance as well in the mix.

Long term Farmers Insurance agency for over 15 years. I'm looking to transition out of the industry and looking to sell the agency to someone I know will take good care of my clients.

The agency is located in the growing north San Antonio area right off 281. Existing office location will be available to buyer. This office has been very good for current owner. Seller will be transitioning out of the industry entirely so no worries about competition after the fact.

The agency is in District 46 which is one of the top district's in all of Farmers Insurance. Recognized as a President's Council district. This means you will have the best guidance and support in the business after you acquire my agency.

They will equip you with everything you need to take the agency to the next level and grow it well into the future.

You are also eligible for additional bonuses from Farmers directly with the acquisition. Branding bonus up to $6,000, $5,000 sign on bonus, marketing bonuses, enhanced commissions after acquisition, and annual bonus opportunities.


ATTACHED DOCUMENTS
FIC-0474-23 Agency Owner Pitch Brochure.pdf.pdf Download

DETAILED INFORMATION
Location
Spring Branch, 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. Optional: Furniture, computers and other equipment could be included.
Competition
Incredible upside. Tons of new construction all around the greater San Antonio area. 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
Staffing and adding proactive marketing outreach could help take this business to the next level. There is tons of opportunity in this part of town to grow. 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.
Financing
Farmers Insurance Credit Union available for financing options.
Support & Training
Best district office in Texas to support and train you. Plus industry leading training through the University of Farmers. Farmers is a nationally recognized brand that offers excellent training program via the University of Farmers (corporate training team) along with day-to-day support and onboarding training from your local district office.
Reason for Selling
Transitioning to new industry due to personal reasons.
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Carl Prieto
Carl Prieto