2.0 Million Premium BoB Farmers Insurance Agency
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PROFITABLE FARMERS INSURANCE AGENCY - LANSING, MI
Established in 2022, this thriving Farmers Insurance franchise represents an exceptional opportunity to acquire a profitable agency with $2 million in premium and $170,000 in annual renewal commissions. Located in a highly desirable, busy area of Lansing with excellent visibility and customer accessibility.
FINANCIAL HIGHLIGHTS:
• $2,000,000 in total premium volume
• $170,000 annual renewal commission income
• Strong client retention rate ensuring predictable cash flow
• Renewal-driven business model provides stability
BUSINESS COMPOSITION:
• 90% Personal Lines / 10% Commercial Lines
• Strong carrier relationships including Kraft Lake and Progressive Auto
• Approximately 10% specialty policies with Hagerty
• Loyal customer base with exceptional service reputation
OPERATIONAL DETAILS:
• Established franchise with proven systems and processes
• 1,500 sq ft leased location at $1,800/month (lease expires 6/1/2027)
• Relocatable business model offers flexibility
• District support and training available for seamless transition
GROWTH OPPORTUNITIES:
• Significant cross-selling potential within existing client base
• Marketing expansion opportunities in established market
• Room for operational scaling and staff growth
• Product diversification possibilities
• Untapped commercial lines development
This turnkey operation combines the stability of an established book of business with substantial growth potential. The agency benefits from strong brand recognition, proven performance track record, and a solid foundation for continued expansion. Perfect for buyers seeking dependable revenue streams with room to scale.
Owner selling due to personal life changes while agency continues strong performance. Complete district support ensures smooth ownership transition and ongoing operational guidance.
Established in 2022, this thriving Farmers Insurance franchise represents an exceptional opportunity to acquire a profitable agency with $2 million in premium and $170,000 in annual renewal commissions. Located in a highly desirable, busy area of Lansing with excellent visibility and customer accessibility.
FINANCIAL HIGHLIGHTS:
• $2,000,000 in total premium volume
• $170,000 annual renewal commission income
• Strong client retention rate ensuring predictable cash flow
• Renewal-driven business model provides stability
BUSINESS COMPOSITION:
• 90% Personal Lines / 10% Commercial Lines
• Strong carrier relationships including Kraft Lake and Progressive Auto
• Approximately 10% specialty policies with Hagerty
• Loyal customer base with exceptional service reputation
OPERATIONAL DETAILS:
• Established franchise with proven systems and processes
• 1,500 sq ft leased location at $1,800/month (lease expires 6/1/2027)
• Relocatable business model offers flexibility
• District support and training available for seamless transition
GROWTH OPPORTUNITIES:
• Significant cross-selling potential within existing client base
• Marketing expansion opportunities in established market
• Room for operational scaling and staff growth
• Product diversification possibilities
• Untapped commercial lines development
This turnkey operation combines the stability of an established book of business with substantial growth potential. The agency benefits from strong brand recognition, proven performance track record, and a solid foundation for continued expansion. Perfect for buyers seeking dependable revenue streams with room to scale.
Owner selling due to personal life changes while agency continues strong performance. Complete district support ensures smooth ownership transition and ongoing operational guidance.
About the Business
- Years in Operation
- 5
- Employees
- 2 (1 Full-time, 1 Part-time)
A full time office Manager who is an amazing producer - Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- Office comes fully staffed, with trained, experienced team members ready to continue operations seamlessly
All office equipment included, making this a true turnkey opportunity
Lease is available to be taken over, offering continuity and minimal disruption
Prime location with high walk?in traffic, excellent visibility, and strong community presence
Onsite parking for clients and staff
Office fully updated, modern, and professionally maintained - Market Outlook / Competition
- Established insurance agency with an extremely high client retention rate, reflecting strong, long?standing customer relationships and exceptional service quality.
The agency benefits from an established market presence and strong brand recognition, providing a solid foundation for continued growth.
Key highlights include:
Predictable, stable cash flow supported by a loyal renewal?driven client base
Proven track record of consistent performance year over year
Book composition:
90% Personal Lines
10% Commercial Lines
Strong carrier relationships including Kraft Lake and Progressive Auto
Approximately 10% of policies with Hagerty, adding a niche specialty segment
Significant growth and expansion opportunities through cross?selling, marketing, and operational scaling
This is an ideal opportunity for a buyer seeking a turnkey operation with dependable revenue, strong customer loyalty, and room to expand. - Opportunities for Growth
- Profitable insurance agency with consistent revenue and untapped growth opportunities. Includes a strong renewal base, cross?sell potential, and room to expand through marketing, staffing, and product diversification.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $1,800.00 per month
- Lease Expiration
- 6/1/2027
About the Sale
- Seller Motivation
- Selling due to personal life changes and a desire to pursue new opportunities. T
- Transition Support
- District support and training available, ensuring the new owner receives guidance and operational backing
Listing Info
- ID
- 2502521
- Listing Views
Listing ID: 2502521 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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