Become a CA Farmers Insurance Agency Owner!

Thousand Oaks, CA (Ventura County)

Asking Price:

$159,000

Cash Flow:

$90,000

Gross Revenue:

$125,000

EBITDA:

TBA

FF&E:

N/A

Inventory:

N/A

Established:

2015

Employees:

0

Business Description

If you are an entrepreneur looking to start your very first insurance agency, becoming a Farmers insurance agent by purchasing a starter book of business is an excellent way to get started in the business. Own your business while being associated with a premier brand and corporation offering support and training to help you with your success.

Agency is profitable with over 600 policies in force, healthy retention, with a mix of preferred personal auto, fire, life, some non-standard auto, and commercial policies. Well-located office makes for a simple transition. New owner may stay in current office or relocate.

Perfect opportunity for a brand-new agent.

Must be licensed or close to completing licensing in California.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) – {SUBMIT BELOW} crafted by ProNova Partners.

Detailed Information

Facilities:

Approx 500 sf office, current rent is $875 per month. On a main street near popular restaurants, shops, recreation, and homes. Parking is plentiful.

Competition:

The insurance industry competitive landscape is highly fragmented. Provide a high level of customer service and consistent marketing efforts to succeed in this marketplace.

Growth & Expansion:

Primarily a renewal book with online self-service available for current customers. Utilize the many marketing resources available to you through Farmers to grow this book.

Support & Training:

Extensive training provided by Farmers. Seller will provide 2 weeks of training.

Financing:

Bank Financing or Cash.

Reason for Selling:

Other business interests.