Farmers Insurance Agency

We have multiple established books of business in the San Fernando Valley/Ventura County area. The agencies are located in the San Fernando Valley/Ventura County area but can be relocated to any office location you desire (ideally within a 30 mile radius of current offices). Sale price is TBD, serious candidates can meet with the agents and negotiate. Price is totally negotiable between agent and buyer. This is an excellent opportunity for a candidate who wants to cross-sell these mainly personal lines books of business as well as take advantage of our lucrative start-up bonuses, see below for additional information. Looking to acquire a bigger or smaller book of business? We can work with you to accommodate any size of agency to fit your needs. Start up incentives include: Book qualifies for a 6 quarter bonus structure starting at a 180% new business commission multiplier (paid monthly)commission multiplier (paid monthly) Additional quarterly bonuses and annual bonuses One time $5,000 office sign on bonus $500 monthly marketing bonuses for 3 years District paid trips/vacations and much more The requirements are as follow: Satisfactory results of background check Property & Casualty License Life, Accident & Health License Minimum of $50,000 in assets (can be a combination of liquid, credit lines, and retirement plans such as 401k and IRA's) THIS IS NOT MONEY PAID TO FARMERS, IT IS A REQUIREMENT AS PROOF OF CAPITALIZED AND FINANCIALLY RESPONSIBLE CANDIDATES Compliant office location (will need corporate approval) and 1 licensed and appointed staff/employee If taking over an existing book of business is not for you, we also have our retail program with aggressive commission bonuses (300% on top of normal commissions) tailored for candidates that have a successful track record in financial services, sales, or networking and are ready to hit the ground running. CONTACT INFO: Any questions, concerns, or requests for additional information you may contact Marta Layne or Jose Moreano at the Farmers District Office. 818-564-4561 marta.jmoreano@farmersagency.com Location: Los Angeles, California Year Established: 2017 Number of Employees: 1 Real Estate: Leased Building Sq. Ft.: 800 Rent: $850.00 Per Month Facilities: We have a good office opportunity with signage available at an aggressive lease rate. Office space is optional Website: recruitment.farmers.com/district-manager-locator/ca/woodland-hills/jose- Market Outlook/ Competition: Farmers is an All Lines Insurance Company and we offer the most discounts in the industry. *More than 50 highly competitive insurance and financial services products including Commercial and Life Insurance. Growth & Expansion: We are looking to expand our footprint in the highly profitable Los Angeles Market.