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Established Business for Sale

Roswell, GA (Fulton County)

Agency Entrance
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Asking Price: $275,000

Cash Flow: $130,000

Gross Revenue: $160,000

EBITDA: $130,000

FF&E: $2,000

Inventory: N/A

Rent: $1,375 /Month

Established: 2013

Established Business for Sale

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Business Description

Located in beautiful downtown historic Roswell, Ga.

Established Farmers agency in one of the top net worth cities in Ga. This is one of the most desirable locations in the state. There are 1480 Policies in force... 747 auto, 479 home, 52 specialty, 150 umbrellas, 5 commercial, 44 life, and 3 misc. This is a $1,370,000.00 annual premium business generating $160,000 in annual revenues (including bonuses). The new business and renewals are $134,000. This book is mostly preferred business. There is only a handful of nonstandard clients.

Detailed Information

Location:
Roswell, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
8/13/2021
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The office is made up of 4 offices with separate doors, one open office in the front and a large storage area in the back.
Competition:
The area consists of high end homes. Multiple businesses and restaurants within walking distance. Farmers is very competitive in the home and umbrella market. The auto is still priced competitively as well.
Growth & Expansion:
Tremendous room for growth. Farmers rates are very strong for good credit individuals. There are hundreds of real estate agents and mortgage brokers in the area to form strategic alliances with.
Support & Training:
Training is through Farmers University, Agency Onboarding. In agency training on request as it is needed.
Franchise:
This business is an established franchise
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Business Listed By:
John Stewart

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