Turn Key Opportunity with established processes
Business Description
Established Farmers Insurance Agency in Magnolia, TX presents an exceptional turn-key opportunity in the thriving NW Houston market. This franchise operation has built an impressive $2.9 million premium portfolio since 2021, generating $280,000 in annual revenue with strong recurring income potential.
Business Highlights:
- Established franchise with proven business model and processes
- Prime location on busy street with excellent accessibility
- Strong premium base of $2.9 million demonstrating market penetration
- Multiple carrier partnerships including Progressive, Safeco, Foremost, Bristol West, and National General
- Protected territory with limited competition due to Farmers' selective agency placement
- Excellent cash flow with recurring revenue structure
The agency benefits from Farmers Insurance's market-leading brand recognition in Texas and comprehensive training programs. Growth opportunities include expanding new business acquisition, maximizing renewal commissions, and achieving production bonuses. The location in Montgomery County's growing NW Houston corridor positions the agency for continued expansion.
Post-sale support includes Farmers' renowned multi-faceted training program, hands-on district staff training, and 30 days of free agency consulting covering marketing, staffing, and processes provided by F4S. The current owner is transitioning to become a Farmers District Manager, ensuring smooth succession planning.
Financing options available through Farmers Federal Credit Union and other qualified lenders. Requires Property & Casualty and Life insurance licenses.
This represents a rare opportunity to acquire an established insurance agency in a protected territory with strong fundamentals, proven systems, and significant growth potential in one of Texas's most dynamic markets.
Business Highlights:
- Established franchise with proven business model and processes
- Prime location on busy street with excellent accessibility
- Strong premium base of $2.9 million demonstrating market penetration
- Multiple carrier partnerships including Progressive, Safeco, Foremost, Bristol West, and National General
- Protected territory with limited competition due to Farmers' selective agency placement
- Excellent cash flow with recurring revenue structure
The agency benefits from Farmers Insurance's market-leading brand recognition in Texas and comprehensive training programs. Growth opportunities include expanding new business acquisition, maximizing renewal commissions, and achieving production bonuses. The location in Montgomery County's growing NW Houston corridor positions the agency for continued expansion.
Post-sale support includes Farmers' renowned multi-faceted training program, hands-on district staff training, and 30 days of free agency consulting covering marketing, staffing, and processes provided by F4S. The current owner is transitioning to become a Farmers District Manager, ensuring smooth succession planning.
Financing options available through Farmers Federal Credit Union and other qualified lenders. Requires Property & Casualty and Life insurance licenses.
This represents a rare opportunity to acquire an established insurance agency in a protected territory with strong fundamentals, proven systems, and significant growth potential in one of Texas's most dynamic markets.
About the Business
- Years in Operation
- 4
- Franchise
- This business is an established franchise
- 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
About the Sale
- Seller Motivation
- Agency Owner is pursuing to become a Farmers Insurance District Manager
- 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 Texas, provides hands on training by the District staff. Free agency consulting for 30 days provided by Farmers4Sale(Marketing, Staffing, Processes, Etc)
- Financing Options
- Farmers Federal Credit Union as well as other lenders
Listing Info
- ID
- 2388498
- Listing Views
- 501
Business Location
Listing ID: 2388498 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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