OFF-MARKET-Texas Preferred Personal Lines Book of Business for Sale

Become a Farmers Insurance Agency Owner

Brehnam, TX (Washington County)

Zip Code: 77833

Asking Price:
$100,000

Cash Flow:
$50,000

Gross Revenue:
$63,000

EBITDA:
TBA

FF&E:
N/A

Inventory:
N/A

Established:
2009

Employees:
0

Business Description

If you’re an entrepreneur looking to start your very first insurance agency, becoming a Farmers insurance agent by purchasing a starter book of business is one of the most exciting business investments you can make. 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 500 policies in force, high retention, mostly preferred personal auto, with some fire, life, commercial, and non-standard auto policies as well. No office or employees – easy transfer of the book to a new agency owner. Perfect opportunity for a brand-new agent. Must be licensed or close to completing licensing in Texas. Seller is retiring. NDA required for initial due diligence package.

Detailed Information

Facilities:

Current office will not convey to the Buyer. Client based can be serviced remotely or within the general area per Buyer situation.

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. Take care of the book and utilize marketing resources provided by the carrier as well as your own sales acumen to grow this agency.

Support & Training:

As needed.

Reason for Selling:

Retirement

Financing:

Bank Financing or Cash, no Seller carry.