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Farmers Insurance Agency for sale in Peoria, AZ

Peoria, AZ
Asking Price:$350,000
Established Year:2018
Gross Revenue:$195,000
Listing ID: 2311277Listing provided by BizBuySell
BUSINESS DESCRIPTION

Located near growing communities

Opportunity to own a well-established Farmers Insurance agency in Peoria, Arizona. Serving clients throughout Arizona, the agency has a reputation of going above and beyond with personalized service and a substantial book of business. With roughly 2 million in annual premiums, Farmers' commitment to Arizona, a seasoned Customer Service Representative (23 years with Farmers), and a full office renovation, this agency has a unique opportunity for growth.

Farmers offers 100% financing through Farmers Credit Union to qualified buyers.

DETAILED INFORMATION
Location
Peoria, AZ
Inventory
Not Included in asking price
Real Estate
Leased
Employees
1
Facilities
All furniture, files, and computer equipment included
Competition
Farmers is committed to expand in Arizona while others are playing catch-up with rate increases and underwriting restrictions.
Growth & Expansion
Farmers is supporting Arizona as a primary growth state. The competition has recently been increasing their rates in many zip codes in Arizona, or completely shutting off new business, while Farmers has been doing the opposite.
Financing
Financing available through Farmers Credit Union or your prefferred lender
Support & Training
Farmers Insurance offers robust training programs, startup, monthly, and annual bonus opportunities, making this a seamless opportunity for both experienced agents and newcomers to the industry. Each District also provides dedicated support and trainings to help in growing a successful business in Insurance Sales, along with guidance on running a business.
Franchise
This business is an established franchise
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Michael Moroz
Phone Number
Michael Moroz
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