Thriving Farmers Insurance Agency with Independent Book in Henderson, NV
Farmers Insurance
Financial Details
Key Highlights
Description
This listing presents a rare opportunity to acquire a well-established and high-performing Farmers Insurance agency located in Henderson, Nevada. The agency boasts a robust independent book of business, generating approximately $900,000 in annual service commissions. With a strong recurring revenue stream, a loyal client base, and a strategic location in a high-income area, this business offers significant potential for growth. The agency's revenue is diversified, with $815,000 from Farmers commissions and an additional $100,000 from independent policies, providing flexibility for expansion. Furthermore, the agency holds valuable multi-state appointments, including California, appealing to buyers seeking broader geographic reach. Client acquisition is driven by a proven strategy including referral partnerships, networking, commercial insurance outreach, and digital marketing, with referral conversions exceeding industry averages. The operation is supported by a skilled team of five full-time employees, including an Operations Manager and Commercial Producer. The office lease is secured through 2025 at $2,100/month, with relocation options. The business utilizes Apex, a Salesforce-based CRM, for efficient operations. Seller financing is available, and the existing bank has pre-approved financing for up to a 2x multiple with a 10% down payment. Farmers Insurance provides a conversion bonus and comprehensive training. The seller is committed to a smooth transition, offering extensive support and training, and the existing staff are willing to continue with the new owner.
Industry Information
- Industry Description:
- Insurance Agency
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 1981
- Employees:
- 5
- Reason for Selling:
- Moving to a New Industry
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $2,100 USD
- Lease Expiration:
- 2025
Assets & Inventory
- FF&E Value:
- $0 USD
- Includes FF&E:
- No
- Inventory Value:
- $0 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Trent Lee
- Company:
- First Choice Business Brokers
- Phone:
- (702) 368-2500
Listing Details
- Listing ID:
- 916ec126-ada5-42d5-894b-2ccb52e6e87d
- Source Listing ID:
- 23960
- Deal Status:
- For Sale
- Last Updated:
- September 23, 2025
- Currency:
- USD