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Farmers Insurance Agency for Sale

Renton, WA (King County)

Farmers Insurance Agency for Sale
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Asking Price: $1,638,000

Cash Flow: N/A

Gross Revenue: $700,000

EBITDA: $360,000

FF&E: N/A

Inventory: N/A

Established: 1988

Farmers Insurance Agency for Sale

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Business Description

Excellent Insurance Agency Opportunity

This is an incredible business opportunity to purchase a well-established insurance agency in business for over 30 years. What makes this such a great opportunity is that this business has a documented substantial positive cash flow, enough so that the purchaser from day one can service all of the daily and monthly obligations, INCLUDING THE DEBT SERVICE OBLIGATIONS FROM THE PURCHASE, and the business will provide the purchaser with a starting annual income of $ 192,000.

Best Part of all, Agent will sign a non-compete / Non-solicitation agreement for the purchaser for as long as the purchaser requires. Seller has no thoughts of, or intent to whatsoever, become an agent to solicit any of the business being sold. Seller willing to train purchaser and provide support for an appropriate time negotiated with the sale. Clean transaction with no future interference.

If you are looking for a no-nonsense / non-interference purchase from a quality agent that respects the companies he represents, and the incredible opportunity to take this agency to the next level, all while you are able to make $ 192,000 per year starting salary, then you have found your opportunity.

Agencies of this nature are few and far between. Why buy a job? Purchase a business that will change your life with unlimited potential. It worked for me and my family and now it can work for yours. Serious inquires only. Gross Renewal Only Commissions in 2018 were $ 655,000.

Sale Price $ 1,638,000

Detailed Information

Location:
Renton, WA
Inventory:
Included in asking price
Employees:
4
Facilities:
Great Street Frontage Office Location in the Heart of the City. Includes all policies written through Farmers Insurance including supporting business placed with other insurance carriers. All necessary property components to continue business operation without interruption including the following: * All Computer Equipment (All PC's updated or new within the last two years), Newer Server four years old, All detailed customer files, Filing cabinets, and so on. All customer listings of any kind, regardless of insurance company.
Support & Training:
Support provided by various sources including, but not restricted to, District Manager, Business Consultant, Life Specialist, Commercial Wholesaler, and Wealth Management Consultant. As the #2 Corporate Training organization in world (designated by Training magazine), the University of Farmers offers plenty of opportunities for you to develop and grow as an agent.
Reason for Selling:
Early Retirement
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Business Listed By:
Not Disclosed

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