Established Farmers Insurance Agency
Asking Price: | $190,000 |
Gross Revenue: | $689,806 |
Established Year: | 2017 |
Cash Flow: | $70,000 |
Rent: | $906/Month |
Gwinnett County - GA
Excellent opportunity to purchase a well-established book of business with an historic 85% retention of existing clients over the past 6 years. Purchase an existing book of business with immediate renewal income and opportunity for tremendous growth!
Compared to other business purchase opportunities, ours offers the ability to enter the insurance industry at a relatively low cost, while providing an immediate, established residual income stream which will provide for cost of operations plus immediate personal income. If you’re looking to begin a new agency for the first time, this opportunity beats starting from scratch to pieces! If you’re an established agent – it simply makes sense.
Farmers Insurance business advantages:
• Instant name recognition (Everyone knows the jingle that goes with the Farmers name!)
• Respected in the industry since 1928 and among the largest P&C carriers in the nation
• Unlimited growth potential through a wide array of products and services
• Excellent training through Farmers renowned University of Farmers
• Training & guidance from Georgia Territory Office through your Area Sales Leader
• Multiple bonus opportunities
• Corporate agency growth support with marketing opportunities
• Especially exciting opportunities in Business Insurance and Life Insurance that our agency has only begun to scratch the surface! (Most of our agency’s current business is in Home & Auto).
Our office space is leased. Beginning 6/1/2023 our current lease will expire and will become month-to-month. This makes the space currently available to the purchaser of the business.