Established Business - Ready to Grow!
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Step into a turnkey Farmers Insurance agency, offering a stable income stream, strong brand backing, and room for significant growth. With $205,000 in dependable recurring revenue from renewals alone, this agency provides immediate cash flow for a buyer while still leaving plenty of upside potential through new business production, bonuses, and cross-selling opportunities.
Why This Agency is Attractive
Immediate Cash Flow – The existing book of business produces over $200K in renewal commissions annually. This revenue is reliable and requires no immediate heavy lifting from the buyer.
Affordable Entry Point – At just $250,000, this is a competitively priced agency compared to others in the market with similar cash flows.
Scalable Growth Potential – Farmers provides bonus opportunities, marketing support, and competitive compensation for new business. Adding even modest new production on top of the strong renewal base can rapidly increase profitability.
Strong Brand Backing – Farmers is one of the nation’s most recognized carriers, giving you instant credibility and access to robust products across home, auto, commercial, and life.
Community Presence – Established relationships with local clients mean you’re not starting from scratch—this agency has a trusted name in the community.
Support for Buyers – Farmers offers extensive training, onboarding, and growth programs to ensure your success as an agency owner.
Financial Snapshot
Price: $250,000
Annual Recurring Revenue (Renewals): $205,000+
Additional Income: New business commissions, growth bonuses, cross-sell opportunities
ROI Potential: With the recurring revenue alone covering more than half of the purchase price in just two years, buyers can realistically achieve full payback quickly, especially with modest growth.
Who Should Buy This Agency
Aspiring Entrepreneurs who want a proven business model with strong support.
Sales-oriented professionals seeking to leverage Farmers’ incentives and earn beyond the renewal stream.
Experienced insurance professionals looking to expand their portfolio, add another location, or diversify their book.
Next Steps
This is a rare chance to acquire a profitable, established Farmers Insurance agency at an attractive price point with immediate revenue and long-term growth potential.
Why This Agency is Attractive
Immediate Cash Flow – The existing book of business produces over $200K in renewal commissions annually. This revenue is reliable and requires no immediate heavy lifting from the buyer.
Affordable Entry Point – At just $250,000, this is a competitively priced agency compared to others in the market with similar cash flows.
Scalable Growth Potential – Farmers provides bonus opportunities, marketing support, and competitive compensation for new business. Adding even modest new production on top of the strong renewal base can rapidly increase profitability.
Strong Brand Backing – Farmers is one of the nation’s most recognized carriers, giving you instant credibility and access to robust products across home, auto, commercial, and life.
Community Presence – Established relationships with local clients mean you’re not starting from scratch—this agency has a trusted name in the community.
Support for Buyers – Farmers offers extensive training, onboarding, and growth programs to ensure your success as an agency owner.
Financial Snapshot
Price: $250,000
Annual Recurring Revenue (Renewals): $205,000+
Additional Income: New business commissions, growth bonuses, cross-sell opportunities
ROI Potential: With the recurring revenue alone covering more than half of the purchase price in just two years, buyers can realistically achieve full payback quickly, especially with modest growth.
Who Should Buy This Agency
Aspiring Entrepreneurs who want a proven business model with strong support.
Sales-oriented professionals seeking to leverage Farmers’ incentives and earn beyond the renewal stream.
Experienced insurance professionals looking to expand their portfolio, add another location, or diversify their book.
Next Steps
This is a rare chance to acquire a profitable, established Farmers Insurance agency at an attractive price point with immediate revenue and long-term growth potential.
About the Business
- Years in Operation
- 42
- Employees
- 3 (2 Full-time, 1 Part-time)
Owner-Operator + 1 FT + 1 PT - Franchise
- This business is an established franchise
- Facilities & Assets
- Buyer can take over the established office or locate and secure a new location with the approval of Farmer's corporate office. Furniture, equipment and fixtures can be negotiated into the deal.
- Market Outlook / Competition
- Long time agency, agent is looking to retire and move out of state. High-retention and excellent product mix. These types of agencies do not come available often. Farmers is in an extremely competitive position in New Mexico.
- Opportunities for Growth
- A new insurance agent in New Mexico has solid room for growth and expansion, driven by several favorable trends, like rising premiums, expanding markets, and many uninsured or underinsured residents. Overall, a new agent who leverages digital tools, focuses on underserved markets (rural, uninsured, small business), offers consultative value, and builds strong referral/network channels should see substantial growth over the next 3-5 years.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement/Relocation
- Transition Support
- Our district office provides unmatched support and training, equipping agents with the tools, mentorship, and strategies needed to thrive. From hands-on coaching to proven growth systems, we ensure every agent has the guidance, confidence, and resources to build a successful, sustainable business.
Listing Info
- ID
- 2414803
- Listing Views
- 182
Listing ID: 2414803 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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