Sold
SOLD! Farmers Agency – Dallas Ft Worth, TX
$7 Million Book with amazing staff in place to grow!
Brand:
Farmers Insurance
City:
Dallas Ft Worth
Price:
$2,856,297
Agency Earned Premium:
$6,909,915
Annual Revenue:
$N/A
Agency Overhead Expense (Annual):
$638,263
Policies in Force:
5300
Retention Ratio:
81.98%
Loss Ratio:
68%
Office Space Description:
1,700 SF – $1750 per month – Retail inside building
Staff Description:
4 licensed sales producers and 3 customer service reps.
Description of Business:
Top Texas ranked Agency with amazing staff and turn-key operations. Huge sales lead pipeline producing and can continue to produce an additional 30%+ new business sales. Book built on solid direct mail clients with higher than state average retention. Current Owner wanting to move onto Tech start-up opportunities. Increased renewal bonus already achieved first 2 quarters and major monthly and annual bonus opportunities in 2022 with Farmers.
This agency has been sold.
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