Successful Turn-Key Farmers Insurance Agency
| Asking Price: | $2,287,500 |
| Gross Revenue: | $915,000 |
| EBITDA: | $400,000 |
| Cash Flow: | $365,000 |
| Rent: | $2,100/Month |
| FF&E: | $35,000 |
8.9 Million in Premium, Growing Legacy Agency located in High-End Area
$7.8 million Farmers Insurance Premium
with 1.1 Million Non-Qualified Farmers Outside Business
total earned equaling 8.9 million in premium and growing.
Total Gross Commissions 2023 = 915,000. With rate flowing through the book 2024 totals are projected to be higher.
This agency consistently achieves variable compensation
87% net retention
8 licensed staff members with many years experience
We write 80% PL 15% COMM 5% Life and Financial Services
P&C appointments in NV, AZ, NM, TX, TN, UT, ID, MT, WA, OR, CA (99% OF Current business is in Nevada, with growth goals in focus)
Prominent office location with high visibility; More than 1 year left in existing lease with eligibility to renew.
Furniture, Signage, Technology and equipment included
Seller willing to assist with transition
Some seller financing may be considered
