Turnkey Profitable Ins Agency for Sale – Bloomington, MN | $26K+/month
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ARE YOU A SERIAL ENTREPRENEUR LOOKING FOR A STABLE, RESIDUAL-BASED BUSINESS THAT YOU CAN SCALE WITH AN EXIT STRATEGY?
Buy a turnkey Farmers Insurance Agency for sale in Bloomington, MN. Asking $499,000.
* $3.3M Premiums | $26K+ Monthly Revenues
* Strong retention and sales team in place
* Residual income + double commissions + annual bonuses
* Farmers is a Top 5 carrier nationwide
* $5K sign-on bonus + Up to $500 monthly marketing support
* Work with a Presidents Council District (top 1% nationwide) – get elite onboarding, team training, and ongoing support
Scalability & Flexibility:
- Open multiple Farmers agencies
- Buy other agencies to expand quickly
- Scale into multiple states
- Ability to broker outside business if Farmers insurance pricing isn’t competitive
Buyer Requirements:
- $100K+ in liquid capital (cash, stocks, Roth IRA, or LOC – no 401Ks)- Special benefits/programs for buyers with more capital
- Clean criminal history
- Sales, management, or business ownership experience
- Local brick-and-mortar office required (local buyer preferred)
- Exit Strategy: Build equity with every policy. Sell your book, pass it on, or cash out later.
This is more than an agency—it’s a scalable empire-building opportunity with national brand power behind you. Farmers Insurance is captive insurance agency opportunity and not a franchise business. You cannot buy this if you are not willing to become captive with Farmers insurance.
Buy a turnkey Farmers Insurance Agency for sale in Bloomington, MN. Asking $499,000.
* $3.3M Premiums | $26K+ Monthly Revenues
* Strong retention and sales team in place
* Residual income + double commissions + annual bonuses
* Farmers is a Top 5 carrier nationwide
* $5K sign-on bonus + Up to $500 monthly marketing support
* Work with a Presidents Council District (top 1% nationwide) – get elite onboarding, team training, and ongoing support
Scalability & Flexibility:
- Open multiple Farmers agencies
- Buy other agencies to expand quickly
- Scale into multiple states
- Ability to broker outside business if Farmers insurance pricing isn’t competitive
Buyer Requirements:
- $100K+ in liquid capital (cash, stocks, Roth IRA, or LOC – no 401Ks)- Special benefits/programs for buyers with more capital
- Clean criminal history
- Sales, management, or business ownership experience
- Local brick-and-mortar office required (local buyer preferred)
- Exit Strategy: Build equity with every policy. Sell your book, pass it on, or cash out later.
This is more than an agency—it’s a scalable empire-building opportunity with national brand power behind you. Farmers Insurance is captive insurance agency opportunity and not a franchise business. You cannot buy this if you are not willing to become captive with Farmers insurance.
About the Business
- Years in Operation
- 8
- Employees
- 2 Full-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- Computers, signs, desks are all included in asking price
- Website
- https://recruitment.farmers.com/industry-recruiter-locator/mn/plymouth/samuel-k
- Market Outlook / Competition
- Farmers Insurance is a Top 5 national carrier, highly competitive across auto, home, life, financial services and commercial insurance. The MN market features strong population growth, diverse business activity, and high insurance demand. Agency owners can sell in other states, broker when pricing is not competitive or ineligible providing flexibility to win and retain accounts. If you are a big thinker with outside the box ideas, this is the right opportunity for you.
- Opportunities for Growth
- Farmers insurance is one of the fastest growing insurance companies in the US offering unlimited income for the right person. This insurance agency for sale offers tremendous upside by selling additional lines (life, commercial, specialty and financial services), leveraging digital marketing & referral networks in Bloomington, expanding into additional states with existing brokerage options and building out staff and adding producers to increase sales.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 940
- Rent
- $1,650.00 per month
- Lease Expiration
- 3/31/2027
About the Sale
- Seller Motivation
- Career change/retirement
- Transition Support
- Free Local District Office Support/Training for onboarding new owner by a Presidents Council district operation- Top 1% in all of Farmers insurance insurance. Local and virtual training for new owner and staff.
- Financing Options
- SBA AND OTHERS
Listing Info
- ID
- 2469764
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2469764 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.
Businesses for SaleMinnesota Businesses for SaleMinnesota Financial Businesses for SaleMinnesota Insurance Agents Businesses for Sale
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