Established Farmers Insurance Agency Longstanding High Retention Book

Lacey, WA
We Are Farmers
Asking Price:$305,000
Gross Revenue:$200,000
Established Year:1994
Cash Flow:$110,000
Rent:$2,500/Month
BUSINESS DESCRIPTION

We have a 2 million premium agency for sale with an established office and cliental ready for new blood and leadership to come in and take advantage of a disruptive yet highly competitive market space. With good cash flow and Farmers monthly, quarterly and annual bonus opportunities as well as award winning district office support this business is ready to go to the next level with the right minded businessperson.


DETAILED INFORMATION
Location
Lacey, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
04/06/2024
Employees
1.5
Facilities
Turnkey office with beautiful layout and room for more people in a very professional setting. Good retail space in a well-kept building and good solid visibility.
Competition
Highly disruptive but near 90% retention and very competitive space.
Growth & Expansion
Huge growth potential in Washington state both locally and state wide as well as a very competitive Oregon Market.
Financing
Options through both Farmers Credit Union and Wintrust
Support & Training
World class University of Farmers training as well as local training and support from an award winning district office who helps with sourcing, training and performance management.
Reason for Selling
Retiring
Franchise
This business is an established franchise
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Doug Runyon
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Doug Runyon