For Sale

Macungie, PA

Rapidly growing Farmers Insurance book nestled in the growing area of Lehigh Valley in the SW area of Allentown. Heavily marketed for two years and includes a trusted community base of customers.

Brand:

Farmers

City:

Macungie

Price:

$150,000

Agency Earned Premium:

$767,952

Annual Revenue:

$750,000

Agency Overhead Expense (Annual):

$55,000

Policies in Force:

1059

Retention Ratio:

97.16%

Loss Ratio:

15%

Office Space Description:

Spacious store front office with 1600 sq ft which includes a main office, three office spaces for staff, reception area, bathroom, kitchen area and storage. Monthly lease is $1,500/month and expires in November of 2023.

Staff Description:

Staff includes two licensed sales producers at $24K and $30K/year salaries.

Description of Business:

Inquire today about this high retention Farmers agency with a trusted customer base. Strong potential for great growth in this ideally positioned agency. CW:RENFFEH

Interested in this Agency?

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Macungie, PA

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