Established Farmer's Insurance Agency in Las Vegas with $314K Revenue
Farmer's Insurance Agency
Financial Details
- Asking Price:
- $350,000
- Annual Revenue:
- $314,000
- Cash Flow / SDE:
- $154,981
- Profit Metric:
- Total Adjusted Net Income
- Valuation Multiple:
- 2.3x
- Location:
- Las Vegas, NV, US
- Source:
- Date:
- September 24, 2025
Key Highlights
Description
This listing details an established, award-winning Farmer's Insurance Agency in Northwest Las Vegas, NV, offering a full suite of insurance products including Auto, Home, Life, Renter, and Business policies. The agency benefits from strong national brand recognition, excellent customer service, and a solid book of business, evidenced by 5-star online reviews. It operates as a turn-key business with a fully licensed team, presenting significant growth potential through expansion into commercial lines, enhanced digital marketing, and broader market reach within Nevada. Established in 2014, the agency reported $314,000 in gross revenue and $154,981 in adjusted net income for 2021. The asking price was $350,000. The business operates from a 1200 sq ft leased space with monthly rent of $2,000, with the lease expiring in 2023. The owner is relocating out of state. The sale includes $20,000 in equipment/fixtures and $15,000 in leasehold improvements, with a 14-day training period offered.
Industry Information
- Industry Description:
- Farmer's Insurance Agency
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 2014
- Employees:
- 3
- Reason for Selling:
- Moving out of state
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $2,000 USD
- Lease Expiration:
- 2023
Assets & Inventory
- FF&E Value:
- $35,000 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Ciro 'Vic' Coppola
- Company:
- First Choice Business Brokers
- Phone:
- (702) 368-2500
Listing Details
- Listing ID:
- 9a315882-1e88-4717-b5f6-60d7c002a9fd
- Source Listing ID:
- 21041
- Deal Status:
- Sold
- Last Updated:
- September 24, 2025
- Currency:
- USD