Established Farmers Agency

Federal Way, WA (King County) (Relocatable)

Seller Financing Available
Established Farmers Agency
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Asking Price: $240,000

Cash Flow: N/A

Gross Revenue: $175,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,400 /Month

Established: 1999

Established Farmers Agency

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Business Description

Successful, Growing Book of Business for Farmers Insurance

Agency is a very balanced book with auto, home, commercial, and life. This agency has just over 1700 policies in force and $2.1M in gross written premium.

This book of business qualifies for our accelerated commission and bonus structure for the first three years. This agency qualifies for increased commission rates as well as very impressive quarterly and year end bonuses for the first three years.

Current revenue of $175,000 is strictly the renewal commissions and does not include any new business commissions or any of Farmers' 28 bonus opportunities.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
12/31/2019
Employees:
1
Facilities:
Established office located in Federal Way for past 19 years. Can be relocated if necessary. Farmers Agents own the commissions to their book of business and can sell the rights when they resign/retire.
Growth & Expansion:
No Franchise fees or royalties. Be your own boss. Be in business for yourself, but not by yourself.
Financing:
FIG FCU offers 100% financing with zero down and zero collateral OAC
Support & Training:
Online self-paced training, in-person classroom training, one-on-one coaching and corporate training provided.
Reason for Selling:
Retirement
Business Website:
http://recruitment.farmers.com/district-manager-locator/wa/renton/robert-lee
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Business Listed By:
Rob Lee

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