27 Year Farmers Agent Retiring!

Cullman, AL (Cullman County)

Farmers Agent Retiring!
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Asking Price: $550,000

Cash Flow: N/A

Gross Revenue: $234,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1992

27 Year Farmers Agent Retiring!

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Business Description

LOCATION
City/State: Cullman, Alabama
County: Cullman
Location Available: Yes
Rent/Lease Terms: Negotiable
Rent/Lease Rate: TBD
F&E Available: Yes
Years in business: 27
Location Photos: Available on request
Current Agency Staffing: One Full time P&C licensed professional. Office Mgr has been with the agency 14 years compensated on a base plus commission basis.
FINANCIAL
Asking Price: $525,000
Annual New/Renewal Revenues: $235,000
Earned Premium: $1,920,000
Bank Financing Available: Local and national lender referrals available on request
Seller Financing Available: No
Detailed Financial Reports: Available on request
GENERAL INFORMATION
Established 27 year Farmers agency is located in a desirable location in rural Cullman Alabama. This $1.9 Million earned premium agency is consistent of a preferred auto/homeowner customer base with excellent opportunity for growth in cross sales as well as life/financial services. Good potential to increase revenues through new & renewal commissions as well as Farmers Profitability and Growth Bonus. Experienced, licensed staff is open to transition with the sale while the current owner is open to a short term transitionary consulting relationship if desired.

FOR MORE INFORMATION ON THIS LISTING, PLEASE CONTACT:

Energia Consulting Partners, LLC
1 205.369.9595
Kirk@energiapartners.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
1
Support & Training:
Initial and ongoing education and training provided by local sales management and Farmers University.
Reason for Selling:
Retiring
Franchise:
This business is an established franchise
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(from currently available funds)
 
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lee HERRING

Business Listed By:
lee HERRING

Energia Consulting Partners

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