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Finance & Insurance

High-Potential Consistent-Performing Farmer’s Book

Chino, CA, USA
Listed 212 days ago

This 20-year-established Farmer’s agency boasts a diverse, 100% owner-operated book of business. With a history of smooth integration and high client loyalty, it provides a reliable, plug-and-play platform for a new operator. Do not inquire further if you do not have a Farmer’s appointment. The 1,163 policies have averaged $23,500 in monthly commission over the past 4 years. 353 policies are Auto, 670 are Fire/Home,with around 50/90 for Commercial and Life. Details in the CIM. The client portfolio primarily consists of middle-aged households and business owners with multiple insured assets. These clients tend to value professional advice and service quality over price-shopping, which supports retention and policy longevity. A Buyer MUST have sufficient financial credentials to qualify and a Farmers appointment in good standing. Additionally, a Farmer’s representative must approve a sale, and the potential buyer must meet Farmer’s financial guidelines as outlined in the CIM. One full-time CSR/Producer and one part-time CSR, earning a total of $7,000 per month, round out the staff. Operating Expenses are a lean 600/month (utilities, internet, and insurance).

Buyer Fee?

No

Franchise?

No

Real Estate?

No

Relocatable?

No

Principals Only?

No

Willing To Co-broke?

Yes

Management Will Stay?

No

Represented By Broker?

Yes

Financials

Asking Price
$375K
RevenueMost Recent Year
$265K
Earnings (SDE)Last Reported
$172K
Assets Value
Undisclosed
Seller Financing
Yes

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