Shakopee Turn-Key $1M Agency For Sale (MOTIVATED SELLER)
Business Description
A rare opportunity to acquire a turn-key, $1 million insurance agency in Shakopee with the potential to get enhanced bonuses for the first 3 years. This agency provides a good monthly cash flow, retention, loyal clients, and the stability of a recession-resistant business model.
HIGHLIGHTS
* Asking Price: $100,000- you will recoup this investment in 1.5 years!
* Premium: $1,000,000
* Annual Revenue: ~$70K
* Retention: 85%
* $5,000 sign-on bonus
* Work with a Presidents Council District (top 1% nationwide) for training and support
* No insurance background required- award-winning University of Farmers training
Seller is looking for a motivated buyer that will take the agency to the next level. You must show at least $100K on a statement and pass a background check. The capital must be accessible, liquid and cannot be in a 401k. Stocks, investments, home equity lines with at least $100k available are OK.
There is an additional opportunity for ELITE candidates that can show over $500K in capital to earn more with amazing benefits such as:
- Buy this book with enhanced bonuses up to 340% of new business sales!
- Buy multiple agencies/books under one entity
- Install managers to handle day-to-day operations
- Sell nationwide and build remote sales teams
- Access to leadership to execute growth strategy
- Bring an existing team from another insurance company to Farmers scale faster
- Combine strong brand presence with brokerage options for personal and commercial lines
IDEAL BUYER
* Business owner, current/former insurance agency owner or experienced operator
* Someone interested in scaling teams and building long-term residual income
* Motivated to grow quickly with exit options
Act Fast. This is an opportunity that won’t stay on the market for long. Serious inquiries only. NDA and a passed background check required for full details and this is not a franchise, but a captive agency ownership with brokerage ability.
HIGHLIGHTS
* Asking Price: $100,000- you will recoup this investment in 1.5 years!
* Premium: $1,000,000
* Annual Revenue: ~$70K
* Retention: 85%
* $5,000 sign-on bonus
* Work with a Presidents Council District (top 1% nationwide) for training and support
* No insurance background required- award-winning University of Farmers training
Seller is looking for a motivated buyer that will take the agency to the next level. You must show at least $100K on a statement and pass a background check. The capital must be accessible, liquid and cannot be in a 401k. Stocks, investments, home equity lines with at least $100k available are OK.
There is an additional opportunity for ELITE candidates that can show over $500K in capital to earn more with amazing benefits such as:
- Buy this book with enhanced bonuses up to 340% of new business sales!
- Buy multiple agencies/books under one entity
- Install managers to handle day-to-day operations
- Sell nationwide and build remote sales teams
- Access to leadership to execute growth strategy
- Bring an existing team from another insurance company to Farmers scale faster
- Combine strong brand presence with brokerage options for personal and commercial lines
IDEAL BUYER
* Business owner, current/former insurance agency owner or experienced operator
* Someone interested in scaling teams and building long-term residual income
* Motivated to grow quickly with exit options
Act Fast. This is an opportunity that won’t stay on the market for long. Serious inquiries only. NDA and a passed background check required for full details and this is not a franchise, but a captive agency ownership with brokerage ability.
About the Business
- Years in Operation
- 28
- Employees
- 1 Part-time
New owner has to recruit new staff - Franchise
- This business is an established franchise
- Facilities & Assets
- The sale comes with office furniture and some computers
- Market Outlook / Competition
- Located in Shakopee, this agency benefits from strong demographics, high insurance demand, and excellent retention. Farmers is the 4th fastest-growing multiline carrier and is expanding in Shakopee. The ability to broker outside carriers provides added flexibility and competitiveness.
- Opportunities for Growth
- Significant growth potential through cross-selling, digital marketing, lead generation, and adding producers. You can broker personal and commercial lines through multiple carriers, write business in other states, and acquire additional agencies as they become available.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $1,000.00 per month
- Lease Expiration
- 12/31/2026
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller will assist with a smooth transition, including client introductions, retention strategies, and operational guidance. You’ll also receive full onboarding through the University of Farmers, coaching from a Presidents Council district, and ongoing support to ensure a confident and successful launch in Shakopee.
- Financing Options
- Financing options available
Listing Info
- ID
- 2497142
- Listing Views
- 160
Listing ID: 2497142 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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