Established insurance agency with recurring revenue & bonuses!
Business Description
Enjoy training, support with the name people know - Farmers Insurance and Team North Star
We have an excellent opportunity to buy a Farmers Insurance Agency, acquire a client book of business for in the east metro twin cities area, manage and grow a successful business today!
Tenured Farmers Agency Owner seeking to retire and hopes to find a quality successor to take care of his clients and grow the business.
Premium - Approximately $2.2M
Revenue - $180k+ renewals with New Business Commissions and Bonuses
*Limited agencies for sale at this time.
As a Farmers District Manager, I’m ready with guidance and resources that can help you grow your business. I provide personalized support for every career stage — from business plan development to advanced-level coaching. Add to that the backing of a strong national brand, and you’re ready to pursue unlimited professional achievement
Here are some ways Farmers contributes to your success:
· The choice of building or buying an agency — plus financial support options
· More than 50 highly competitive insurance and financial services products
· Multiple opportunities to maximize your income and performance rewards
· Ongoing training and support through the University of Farmers
· Corporate sponsorships of charities and non-profit programs in your community
· Veterans transition program, bilingual bonuses and more
Other options to start in Insurance:
Farmers Insurance has expanded it's entry points to include scratch Agencies with our new Retail program. The Retail Program allows you to open a storefront office with licensed staff. This program has a 300% new business bonus, 60% annual bonus, $5k start-up bonus and $500 a month marketing bonus.
We have also added a new Protégé Program start a business in insurance with a Mentor Agent, train for 6-12 months, with a base salary, plus commissions allowing you to learn and grow your own agency.
If you’re ready to learn more about the rewards of being a Farmers agent, we look forward to connecting with you. Let's discuss your experience, business goals and entrepreneurial options.
About Farmers Insurance Group:
Today, our companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.
Farmers is proud to serve millions of households and businesses across all 50 states and the District of Columbia. Farmers offers insurance and financial products through multiple companies, brands, and distribution channels, including a network of Farmers Insurance® exclusive agencies, tens of thousands of independent agents, and direct sales online and through company call centers. Our products are produced and serviced by tens of thousands of Farmers employees across the United States, including an exceptional national claim service network.
The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.
We have an excellent opportunity to buy a Farmers Insurance Agency, acquire a client book of business for in the east metro twin cities area, manage and grow a successful business today!
Tenured Farmers Agency Owner seeking to retire and hopes to find a quality successor to take care of his clients and grow the business.
Premium - Approximately $2.2M
Revenue - $180k+ renewals with New Business Commissions and Bonuses
*Limited agencies for sale at this time.
As a Farmers District Manager, I’m ready with guidance and resources that can help you grow your business. I provide personalized support for every career stage — from business plan development to advanced-level coaching. Add to that the backing of a strong national brand, and you’re ready to pursue unlimited professional achievement
Here are some ways Farmers contributes to your success:
· The choice of building or buying an agency — plus financial support options
· More than 50 highly competitive insurance and financial services products
· Multiple opportunities to maximize your income and performance rewards
· Ongoing training and support through the University of Farmers
· Corporate sponsorships of charities and non-profit programs in your community
· Veterans transition program, bilingual bonuses and more
Other options to start in Insurance:
Farmers Insurance has expanded it's entry points to include scratch Agencies with our new Retail program. The Retail Program allows you to open a storefront office with licensed staff. This program has a 300% new business bonus, 60% annual bonus, $5k start-up bonus and $500 a month marketing bonus.
We have also added a new Protégé Program start a business in insurance with a Mentor Agent, train for 6-12 months, with a base salary, plus commissions allowing you to learn and grow your own agency.
If you’re ready to learn more about the rewards of being a Farmers agent, we look forward to connecting with you. Let's discuss your experience, business goals and entrepreneurial options.
About Farmers Insurance Group:
Today, our companies make up one of the country's largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products.
Farmers is proud to serve millions of households and businesses across all 50 states and the District of Columbia. Farmers offers insurance and financial products through multiple companies, brands, and distribution channels, including a network of Farmers Insurance® exclusive agencies, tens of thousands of independent agents, and direct sales online and through company call centers. Our products are produced and serviced by tens of thousands of Farmers employees across the United States, including an exceptional national claim service network.
The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies. Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.
About the Business
- Franchise
- This business is an established franchise
- Website
- https://recruitment.farmers.com/industry-recruiter-locator/mn/edina/nicholas-jor
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Our training programs through the award-winning University of Farmers® can provide new agents with industry-leading training to help get a fast start to their business, and new Farmers agency owners have access to a knowledgeable local District Manager, Trainer and Recruiter who can serve as a coach.
- Financing Options
- Farmers Insurance Group Federal Credit Union
Listing Info
- ID
- 2326887
- Listing Views
- 1500
Listing ID: 2326887 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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