Texas - North DFW Suburb 10M
Farmers
North DFW Suburb
Description
10M Farmers book in an amazing location. 8 Desks, Rent is $2300 a month. Turn key will come with 2-3 tenured employees. High performing, high volume agency. Agency owner is willing to help with hiring and marketing development for the new owner. Almost 100% personal lines. Close to Dallas proper and other suburbs that are excellent for sourcing employees. 76% cross sold. Homeowners centric book. 6k+ pif. 950k in base commissions for 2023, on pace for 1.1M for 2024 includes NB commissions. Renewals alone estimated to be 1.1M for 2025. Expenses include costs for retained employees.
Financial Details
Price
$2,000,000
Premium
$10,500,000
Annual Revenue
$1,100,000
Expenses
$279,600
Policies In Force
6,399
Retention Ratio
85.00%
Loss Ratio
25.00%