Ultra Low-Cost Entry: profitable insurance agency (relocatable)
Business Description
Established Insurance Agency - Ultra Low-Cost Entry Opportunity
This profitable insurance agency presents an exceptional entry opportunity into the insurance industry at an ultra-low asking price of $10,000. Established in 2004, this franchise operation has built a solid foundation with $56,000 in annual renewals and demonstrates strong cash flow performance.
Business Overview:
- Long-established insurance agency serving rural community since 2004
- Franchise operation with proven business model
- Annual revenue: $56,000 with matching cash flow
- Strong recurring revenue base through annual policy renewals
- Relocatable business model offering flexibility
Location & Market:
- Currently located in Grangeville, Idaho (Idaho County)
- Situated in scenic Nez Perce County near Idaho's only seaport
- Option to relocate to nearby Lewiston for expanded market access
- Serves established rural market with growth potential (ability to market Idaho, Oregon, Washington, and California)
Financial Highlights:
- Asking price: $10,000 (exceptional value proposition)
- Annual renewals: $56,000 providing stable recurring income
- Renewals expected to increase during first year under new ownership due to new owner contract terms
- Positive cash flow with strong profit margins
Operational Advantages:
- Established customer base with 20+ years of community presence
- Franchise support system in place
- Relocatable operations for strategic positioning
- Lease may be assumable depending on chosen location
- Real estate currently leased, reducing capital requirements
Owner Support & Financing:
- Comprehensive local support and training provided
- University of Farmers training program included
- Financing available through Farmers Federal Credit Union and other institutions
- Owner motivated to sell due to retirement plans
This turnkey insurance agency offers new owners an affordable entry into a stable industry with recurring revenue streams, franchise support, and flexibility for relocation. The combination of low acquisition cost, established customer base, and growth potential makes this an attractive opportunity for entrepreneurs seeking to enter the insurance sector.
This profitable insurance agency presents an exceptional entry opportunity into the insurance industry at an ultra-low asking price of $10,000. Established in 2004, this franchise operation has built a solid foundation with $56,000 in annual renewals and demonstrates strong cash flow performance.
Business Overview:
- Long-established insurance agency serving rural community since 2004
- Franchise operation with proven business model
- Annual revenue: $56,000 with matching cash flow
- Strong recurring revenue base through annual policy renewals
- Relocatable business model offering flexibility
Location & Market:
- Currently located in Grangeville, Idaho (Idaho County)
- Situated in scenic Nez Perce County near Idaho's only seaport
- Option to relocate to nearby Lewiston for expanded market access
- Serves established rural market with growth potential (ability to market Idaho, Oregon, Washington, and California)
Financial Highlights:
- Asking price: $10,000 (exceptional value proposition)
- Annual renewals: $56,000 providing stable recurring income
- Renewals expected to increase during first year under new ownership due to new owner contract terms
- Positive cash flow with strong profit margins
Operational Advantages:
- Established customer base with 20+ years of community presence
- Franchise support system in place
- Relocatable operations for strategic positioning
- Lease may be assumable depending on chosen location
- Real estate currently leased, reducing capital requirements
Owner Support & Financing:
- Comprehensive local support and training provided
- University of Farmers training program included
- Financing available through Farmers Federal Credit Union and other institutions
- Owner motivated to sell due to retirement plans
This turnkey insurance agency offers new owners an affordable entry into a stable industry with recurring revenue streams, franchise support, and flexibility for relocation. The combination of low acquisition cost, established customer base, and growth potential makes this an attractive opportunity for entrepreneurs seeking to enter the insurance sector.
About the Business
- Years in Operation
- 22
- Employees
- Relocatable to Lewiston, ID
- Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Website
- https://www.farmers.com
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Owner is leaving insurance and going to work for the city
- Transition Support
- Local support and training, paired with University of Farmers training
- Financing Options
- Farmers Federal Credit Union, other financial institutions
Listing Info
- ID
- 2467485
- Listing Views
Listing ID: 2467485 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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