Business Overview

* Are you driven?
* Are you goal-oriented?
* Are you confident?
* Are you passionate?
* Are you resilient?

If so you should keep reading!

* Do you want to own your own business?
* Do you want to control the amount of income you make?
* Do you desire flexibility in your work schedule?
* Do you enjoy rewards and trips?

If you answered yes to the questions above, then you should consider a business opportunity with Farmers Insurance!
With over 90 years of experience and award-winning training, Farmers has the knowledge to help entrepreneurs start up an independent business they can proudly call their own.

The Retail Agency Program is designed to attract capitalized entrepreneurs seeking an opportunity that offers financial support to help the agency owner build a viable business. Insurance experience is a plus but not required.

Some of the benefits include:

* Award winning training
* $7,500.00 Signing Bonus
* Up to 300% commissions
* Equity ownership in the business
* Achievement Awards and Trips
* 500 Monthly Marketing Bonus
* Annual Bonus


  • Asking Price: $50,000
  • Cash Flow: $250,000
  • Gross Revenue: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell operating businesses. Nevertheless, the real reason vs the one they say to you may be 2 totally different things. For instance, they might state "I have too many other responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these might just be excuses to attempt to hide the reality of transforming demographics, increased competitors, current reduction in earnings, or an array of other reasons. This is why it is really important that you not depend entirely on a seller's word, but instead, use the seller's answer combined with your general due diligence. This will repaint an extra reasonable image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses take out loans with the purpose of covering items like stock, payroll, accounts payable, and so on. Keep in mind that sometimes this can suggest that profit margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that should be satisfied or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location attract brand-new customers? Most times, companies have repeat customers, which form the core of their daily earnings. Certain factors such as brand-new competition sprouting up around the area, road construction, as well as personnel turnover can affect repeat clients as well as adversely influence future profits. One important point to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the greater the opportunity to construct a returning customer base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it located on the edge of town? How might the neighborhood typical house earnings impact future income potential?