Established Business Ready to Grow! (Tulsa-Oklahoma City)

Asking Price$345,000

Cash Flow
$148,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

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Established Business Ready to Grow! (Tulsa-Oklahoma City)


Asking Price$345,000

Cash Flow
$148,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Business Description
This is a great agency to come into the business and cover expenses so you can grow income while increasing agency value. You can enter into an industry that is recession-proof and has unlimited financial growth with residual income. Agency can be relocated, if needed. Owning a Farmers Insurance Agency allows you to build your business with the backing of a national name alongside your vision. Rent is only $650 includes all utilities, this low expense allows you to hire staff or increasing your marketing expenditure. Net Cash-Flows $148,000
Ideal for those seeking a cash flow-positive opportunity with a supportive, proven business model. Seller is open to staying onboard to help with transition. New owner receives free Agency consultation for the first 30 days that will be provided by RC Investment Consulting if desired.
Financing available from Farmers Federal Credit Union with the ability to put $0 Down! Approved for Agency re-location to Tulsa or Oklahoma.

Farmers Requirements:
Current Property & Casualty License
Current Life & Health License
Pass background check
Training from Farmers Corporate (District Office can help facilitate this)
Free 30 Days of Consulting provided by Farmers4Sale (Marketing, Staffing, Agency Processes, Etc)
About the Business
Years in Operation
10
Currently Relocatable
Yes
Facilities & Assets
This fully branded office location is ready to take over and transition to the new owner. All office equipment, phone system, and furniture are included in the sale.
Website
https://www.farmers4sale.com/
Market Outlook / Competition
Farmers Agencies are limited in the number per area and currently are not slated to add agencies to an area without taking over an existing business. Farmers Insurance is the most known insurance brand in OK and most competitive as well!
Opportunities for Growth
Amazing opportunity to grow this recurring revenue business. Excellent cash flow. Great potential to increase revenues through new business & renewals commission along with bonus based on production. Agency is located in a very busy street with easy access.
Real Estate
Owned or Leased
Leased
Rent
$650.00 per month
About the Sale
Seller Motivation
The agency owner will be retiring and is looking for the right successor.
Transition Support
Farmers has a world renowned training program that is multi-faceted. The training program is comprehensive and is designed for candidates who have not yet had experience in the industry, yet it is customizable for those who have had some or extensive insurance experience. You will need a P&C and Life/License. Free agency consulting for 30 days (Marketing, Staffing)
Listing Info
ID
2330539
Listing Views
1878

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Business Listed by: Farmer4Sale.com Sharon Garza

Listing ID: 2330539 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.