Legacy Agency For Sale

Centralia, WA

Seller Financing Available

Asking Price:	$350,000
Rent:	$2,000/Month

Gross Revenue:	$255,000
Established Year:	1990

Listing ID: 2293486Listing provided by BizBuySell

BUSINESS DESCRIPTION

Legacy Agency with growth potential!

This is a second-generation agency for sale. Which means long standing name and history with the clients in the Centralia/Chehalis market. Great main street location with room to add to your team. High retention and a book ready to grow and double its size in the next 2 years. Very balanced stable auto to home ratio with some commercial, life and financial service opportunities available. This is an agent in a market that needs energy with a growing population and new businesses moving in Farmers Insurance can provide an advisor model and sell products to any and everyone. Coupled with Farmers expanding auto and home program you have the benefits of a Fortune 200 company and very recognizable name and logo but similar independents in product offering.

DETAILED INFORMATION

Location

Centralia, WA

Inventory

Not Included in asking price

Real Estate

Leased

Building SF

1,500

Lease Expiration

31/12/2026

Employees

Facilities

Turnkey office location fully furnished and ready for day one use. Great signage and location. Plenty of parking and main street visibility.

Competition

Unlimited opportunity in both Washington and Oregon. This agency will be able to write the entire state as well as all of Oregon. The market is seeing disruption which is creating shopping and huge opportunities for people who are investing in marketing and building the book. Commercial opportunities continue to increase with businesses moving into the market but plenty of restaurants to sell to now as well as contractors and retail shops.

Growth & Expansion

Focus on the high retention while hiring and having producers take advantage of the inflation disruption happening in the insurance space. Coupled with the local market seeing good population growth and large i5 expansion from north to south this is an area that needs someone hungry and willing to grind for big growth. I also really like Oregon as they are seeing a large push for growth and rates getting cheaper not more expensive.

Financing

We have two banks we use for financing that understand buying and selling insurance a

Support & Training

Farmers Insurance offers the university an initial 5 week on boarding program as well as continued classes and support. The award-winning district office will provide hands on training on systems, marketing, underwriting and appetite. You will see constant support as well as help in staffing and onboarding.

Reason for Selling

retiring

Franchise

This business is an established franchise

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Doug Runyon