Established Local National Brand Insurance - Thriving/Lucrative

Nampa, ID
Asking Price:$229,000
FF&E:$20,000
Gross Revenue:$130,000
Established Year:2020
BUSINESS DESCRIPTION

Owner partner/train with Successor for Six Months

Personal Lines Insurance - Home Owner/Auto/RV/Motorcycle/SidebySide/Mobile Home/Townhouse/Condo/Renters/Jewelry/Guns/Classic Vehicles/Umbrella/Life Insurance/Health Insurance
Business Commercial Lines - Business Owner Policy, General Liability, Work Comp Insurance, Bonds, Contractor Insurance, Excess, Inland Marine


DETAILED INFORMATION
Location
Nampa, ID
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Included in the sale of the business: Computers, Monitors, 3-58" Televisions, Printers, Printer Tables, Filing Cabinets, Extra Large Safe, 3 Desk, 4 Memory Foam Chairs, Ooma Office Telephone System with 5 Yealink VOIP Phones, 1 Dual Seating U-Shaped Lobby Entrance Desk, Supply Cabinet with Supplies, Digital Window Sign, Open Sign, Outdoor Signage Plastic Inserts, Server and Router System with Digital Client and Commercial Folders, Custom Farmers Decor, Boxes of Swag, Kitchen items, i.,e., microwave, toaster oven, coffee make, refrigerator, supplies...
Competition
Business is in a Prime Location/busy side of town on the Nampa/Caldwell border. Easy Freeway Access to and From Agency for customers. Excellent parking and first floor access for insureds for making payments or meeting with Agent/Producers. Excellent Signage on the building and street side. Offices for private meetings and lots of windows for brightness. Locking offices for securing documentation. Security cameras inside and out. Farmers may provide upon eligibility Acquisition Branding, Sign-on, Marketing, Enhanced Commissions and Annual Bonuses!
Growth & Expansion
Established robust customer base, systems and processes, established employees, far easier to manage and huge potential for growth. Many established revenue streams and opportunities for new revenue streams backed by an excellent company such as Farmers Insurance. There are also several appointments with independent companies as well. There are numerous expansion possibilities which can provide for new services/products to be added to the business's current offerings.
Financing
Farmers Credit Union/Idaho Central Credit Union SBA Loan Acquisition
Support & Training
Agency Owner/Seller will provide thorough acquisition guidance, training and support to new owner and/or management team to ensure they are well-prepared to take over the business operational processes, client management. Assist in executing strategies to maintain continuity, ensuring a smooth transition period safeguarding the business's legacy and future success!
Reason for Selling
Owner Retiring
Franchise
This business is an established franchise
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Jody LeonardMcCullough
Jody LeonardMcCullough