Established Insurance Book of Business! $1.3M Premium

Coon Rapids, MN
Asking Price:$150,000
Gross Revenue:$125,000
BUSINESS DESCRIPTION

Includes six-figure renewals and additional bonuses!

We have an excellent opportunity to buy a Farmers Insurance Agency, acquire a client book of business in the north twin cities area, manage and grow a successful business today!

Tenured Farmers Agency Owner seeking to retire and hopes to find a quality successor to take care of his clients and grow the business. Seller is also open to staying onboard to help with the transition.

Premium - $1.3M
Revenue - $125K + New Business Commissions and Bonuses, plus enjoy renewal commissions!

*Limited agencies for sale at this time.


As a Farmers District Manager, I’m ready with guidance and resources that can help you grow your business. I provide personalized support for every career stage — from business plan development to advanced-level coaching. Add to that the backing of a strong national brand, and you’re ready to pursue unlimited professional achievement

Here are some ways Farmers contributes to your success:

· The choice of building or buying an agency — plus financial support options
· More than 50 highly competitive insurance and financial services products
· Multiple opportunities to maximize your income and performance rewards
· Ongoing training and support through the University of Farmers
· Corporate sponsorships of charities and non-profit programs in your community
· Veterans transition program, bilingual bonuses and more

Other options to start in Insurance:
Farmers Insurance has expanded it's entry points to include scratch Agencies with our new Retail program.  The Retail Program allows you to open a storefront office with licensed staff. This program has a 300% new business bonus, 60% annual bonus, $5k start-up bonus and $500 a month marketing bonus.

We have also added a new Protégé Program start a business in insurance with a Mentor Agent, train for 6-12 months, with a base salary, plus commissions  allowing you to learn and grow your own agency.

If you’re ready to learn more about the rewards of being a Farmers agent, we look forward to connecting with you. Let's discuss your experience, business goals and entrepreneurial options.

About Farmers Insurance Group:
Today, our companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.

Farmers is proud to serve millions of households and businesses across all 50 states and the District of Columbia. Farmers offers insurance and financial products through multiple companies, brands, and distribution channels, including a network of Farmers Insurance® exclusive agencies, tens of thousands of independent agents, and direct sales online and through company call centers. Our products are produced and serviced by tens of thousands of Farmers employees across the United States, including an exceptional national claim service network.

The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Financing
SBA, Farmers Insurance Group Federal Credit Union
Support & Training
Our training programs through the award-winning University of Farmers® can provide new agents with industry-leading training to help get a fast start to their business, and new Farmers agency owners have access to a knowledgeable local District Manager, Trainer and Recruiter who can serve as a coach.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Nick Jordan
Nick Jordan