Established Insurance Agency for Sale

Columbus, OH (Franklin County) (Relocatable)

Outside Front of building with Sign
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Asking Price: Get Financing: $95,000

Cash Flow: N/A

Gross Revenue: $79,000

EBITDA: $17,372

FF&E: N/A

Inventory: $1,000

Lease Rate: $575 /SF/Month

Established: 2016

Established Insurance Agency for Sale

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Business Description

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Farmers Insurance District Office is currently interviewing for an entrepreneurial-minded individual to take over a turn-key Agency. If you have ever thought of owning your own business but don't want to start from scratch, here is your perfect opportunity. The Agency has over 750 active policies. If you know someone that would be interested or you are interested please reach out to my business broker Emmet Apolinario at (614) 207-0762 or e-mail him at emmet@confidentialsale.com who can help with starting the process.

Some capital is required for down payment (around 30%) to be eligible for financing.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
3/1/2018
Employees:
1
Facilities:
Turn key office location available. Farmers may assist in the financing and provide capital after licensing with the agency acquisition program. Can discuss this with the Farmers District office for the current details.
Competition:
Columbus, Ohio market population is growing and top 20 metropolitan area. The ability to have different lines of insurance along with commercial can provide a diverse revenue stream. Farmers product line is auto, home, rental, life and commercial insurance. The ability to provide financial services (investments)is also available and the company provides funding for licenses. Local and national competition among other major insurance companies.
Growth & Expansion:
Up to the agent to focus on the areas of his/her expertise. Growth may require additional investment in personnel to provide customer service.
Financing:
Can be provided by Farmers Credit Union or other sources. Please ask Emmet.
Support & Training:
Farmers District office in Columbus, Ohio can provide direct support and aid with agent training. Farmers also has extensive training available at the University of Farmers.
Reason for Selling:
Want to focus my career in investments in financial services industry.
Franchise:
This business is an established franchise
Business Website:
http://agents.farmers.com/oh/columbus/donald-brown
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Business Listed By:
Donald Brown

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