Farmer's Insurance Agency - Las Vegas
Farmer's Insurance Agency
Financial Details
- Asking Price:
- $350,000
- Annual Revenue:
- $314,000
- Cash Flow / SDE:
- $154,981
- Profit Metric:
- Adjusted Net Income
- Valuation Multiple:
- 2.3x
- Location:
- Las Vegas, NV, US
- Source:
- Date:
- September 23, 2025
Key Highlights
Description
This is an award-winning Farmer's Insurance Agency located in Northwest Las Vegas, Nevada. The agency boasts a very solid book of business, national brand exposure, and a reputation for fast and easy claims service, evidenced by 5-star online reviews. It comes with an excellent, fully licensed team, making it a simple turn-key operation. There are significant opportunities for expansion, including adding more commercial lines, enhancing social media presence, and expanding into other areas of Nevada. Financials for the full year 2021 are estimated based on the first 10 months, with Gross Sales of $314,000 and Adjusted Net Income of $154,981. The asking price is $350,000.
Industry Information
- Industry Description:
- Farmer's Insurance Agency
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 2014
Real Estate & Lease
- Status:
- Leased
Assets & Inventory
- FF&E Value:
- $20,000 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Ciro 'Vic' Coppola
- Company:
- First Choice Business Brokers
- Phone:
- (702) 368-2500
Listing Details
- Listing ID:
- efed34cb-fe86-4ea5-8112-126d5b39c938
- Source Listing ID:
- 21041
- Deal Status:
- Sold
- Last Updated:
- September 23, 2025
- Currency:
- USD