Farmers Insurance - Jefferson County, MO

Festus, MO (Jefferson County)

BUILDING EXTERIOR
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Asking Price: $100,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,200 /Month

Established: 2007

Farmers Insurance - Jefferson County, MO

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Business Description

Established and highly respected Farmers agency ownership opportunity in Festus, MO. Prime location on Gannon Drive with simple month to month lease agreement. Agency is a member of the #1 Ranked Farmers District in the United States. Festus is a rapidly growing community so there is tremendous opportunity for continued growth. The book of business includes 1300+ policies in force which includes Home, Auto, Life, Commercial and Financial Services clients. Annual service commissions of approximately $110,000-$120,000, and uncapped earning potential with new business commissions and profitable growth bonus structure. Low overhead and an above average retention rate compared to national standards are also attractive considerations. Agency currently has 1 extremely knowledgeable, dependable, reliable and respected staff member with over 20 years experience with Farmers.

Detailed Information

Location:
Festus, MO
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
1
Facilities:
4 Private offices, conference room, kitchenette, 1 bathroom, storage room, spacious reception area with 2 additional receptionist work spaces. All 5 computer systems including network server updated 2017. All furniture and work spaces will remain so office is turn key and ready for new owner to hit the ground running. Street level suite next door to Title Closing office with ample employee and customer parking. No long term lease commitment as agency is now on simple month to month lease terms.
Competition:
Unique opportunity to meet clients needs from personal home, auto, specialty, life and family protection, commercial coverage options for nearly any type of business and even financial services such as Retirement Planning, 401k rollovers, IRAs (for those Series 6 and 63 licensed)
Growth & Expansion:
Office well suited for growth with room for at least 4 additional staff members
Financing:
Highly motivated to sell! Open to considering all reasonable offers.
Support & Training:
Farmers district offers countless training and professional development opportunities on a weekly basis including Agency Business Consultants available to assist with goals and strategy.
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Business Listed By:
Shawn Pemberton

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