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Farmers Insurance Agency in greater LA area

Downey, CA (Los Angeles County)

GROW WITH FARMERS!
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Asking Price: $120,000

Cash Flow: N/A

Gross Revenue: $120,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Farmers Insurance Agency in greater LA area

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Business Description

Farmers Insurance Agency For Sale- LA Area

We have two established books of business in the city of Downey which currently total 1,056 policies in force as of Apr 2019. (Approx. 120k in yearly commission renewals) The agencies are located in the city of Downey but can be relocated to any storefront/retail office location you desire (ideally within a 30 mile radius of Downey)

The requirements are as follow:

Satisfactory results of background check
Property & Casualty License
Life, Accident & Health License
Minimum of $70,000 in assets (can be a combination of liquid, credit lines, and retirement plans such as 401k and IRA's) THIS IS NOT MONEY PAID TO FARMERS, IT IS A REQUIREMENT AS PROOF OF CAPITALIZED AND FINANCIALLY RESPONSIBLE CANDIDATES
Compliant retail office location and 1 licensed and appointed staff/employee

Start up incentives include:

Up to 3-years of bonus, in addition to residual commission
Quarterly bonuses
$10,000 office startup bonus
District paid trips/vacations and much more

If taking over an existing book of business is not for you, we also have our retail program with attractive commission bonuses (300% on top of normal commissions) tailored for candidates that have a successful track record in financial services, sales, or networking and are ready to hit the ground running.

CONTACT INFO:

Any questions, concerns, or requests for additional information you may contact Paco Solórzano or Roy Corral at the Downey District Office. 562-622-0062 paco.rcorral@farmersagency.com

Detailed Information

Location:
Downey, CA
Employees:
0
Financing:
Finance options available from our Farmers Insurance Federal Credit Union
Support & Training:
While working with our team, you receive extensive sales training, product training, and support throughout your career. Our dedicated team helps to coach you through your start-up, by providing support from Product Specialists, Business Consultants, Marketing Managers, in addition to the District Manager and the Southern California Territory team
Reason for Selling:
Agents are retiring
Business Website:
http://recruitment.farmers.com/district-manager-locator/ca/downey/rogelio-corra
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Business Listed By:
Paco Solorzano

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