Farmers Insurance Agency: Prime Opportunity - Chicago Suburbs
Business Description
This established Farmers Insurance Agency represents a prime acquisition opportunity in the growing Chicago suburb's, Illinois market. Operating continuously with a proven track record, the agency has built a solid reputation and maintains an exceptional 90% client retention rate - one of the highest in the market. Agency Owner financing is available for the qualified candidate.
BUSINESS HIGHLIGHTS:
• Top 5 performing agency within the district
• Exceptional 90% client retention rate demonstrating strong customer loyalty
• Established customer base with recurring revenue model
• Strategic location on busy street with easy access
• Existing staff in place to facilitate smooth transition
• Multiple carrier options including Progressive, Safeco, Foremost, Bristol West, and National General
GROWTH POTENTIAL:
The agency offers significant expansion opportunities through new business acquisition and renewal commissions, plus production-based bonuses. Located in fast-growing Crystal Lake, the business is positioned to capitalize on increasing demand for insurance services in this thriving market.
SUPPORT & TRAINING:
Farmers Insurance provides world-renowned multi-faceted training programs. The excellent Texas district offers hands-on training and ongoing support. Additionally, 30 days of free agency consulting covering marketing, staffing, and processes is included through Farmers4Sale.
COMPETITIVE ADVANTAGE:
Farmers agencies are limited per geographic area, with new agencies typically only available through existing business acquisition. As the most recognized insurance brand in Texas, Farmers maintains strong market competitiveness.
FINANCING:
Financing options available through Farmers Credit Union (FCU) and Win-Trust Financing.
The current owner is retiring, creating this rare opportunity to acquire a top-performing agency with established systems, loyal clientele, and substantial growth potential in an expanding market.
BUSINESS HIGHLIGHTS:
• Top 5 performing agency within the district
• Exceptional 90% client retention rate demonstrating strong customer loyalty
• Established customer base with recurring revenue model
• Strategic location on busy street with easy access
• Existing staff in place to facilitate smooth transition
• Multiple carrier options including Progressive, Safeco, Foremost, Bristol West, and National General
GROWTH POTENTIAL:
The agency offers significant expansion opportunities through new business acquisition and renewal commissions, plus production-based bonuses. Located in fast-growing Crystal Lake, the business is positioned to capitalize on increasing demand for insurance services in this thriving market.
SUPPORT & TRAINING:
Farmers Insurance provides world-renowned multi-faceted training programs. The excellent Texas district offers hands-on training and ongoing support. Additionally, 30 days of free agency consulting covering marketing, staffing, and processes is included through Farmers4Sale.
COMPETITIVE ADVANTAGE:
Farmers agencies are limited per geographic area, with new agencies typically only available through existing business acquisition. As the most recognized insurance brand in Texas, Farmers maintains strong market competitiveness.
FINANCING:
Financing options available through Farmers Credit Union (FCU) and Win-Trust Financing.
The current owner is retiring, creating this rare opportunity to acquire a top-performing agency with established systems, loyal clientele, and substantial growth potential in an expanding market.
About the Business
- 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 TX 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. Ability to offer Progressive, Safeco, Foremost, Bristol West, National General and much more.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Farmers has a world renowned training program that is multi-faceted. You will need a P&C and Life/License. Great Farmers District In Illinois, provides hands on training by the District staff. Free agency consulting for 30 days provided by Farmers4Sale(Marketing, Staffing, Processes, Etc)
- Financing Options
- Farmers Credit Union (FCU) & Win-Trust
Listing Info
- ID
- 2383235
- Listing Views
- 342
Listing ID: 2383235 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.