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Insurance Agency for Sale – $3M+ in Annual Premiums – Prescott, AZ!

Prescott, AZ

Seller Financing Available

listing image
Asking Price:$415,000
Rent:$864/Month
Gross Revenue:$300,000
Established Year:2021
Listing ID: 2304087Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well-Established Client Base, Reliable Revenue, and Growth!

Take advantage of this rare opportunity to acquire a well-established and thriving insurance agency in Downtown Prescott, AZ. With over 40 years of history and a $3,000,000+ annual premium book of business, this agency is perfectly positioned for continued success and growth.

Key Highlights:

Proven Success & Community Presence: A trusted name in the Prescott area, this agency has built a strong reputation and a loyal customer base through decades of excellent service.

Diverse Carrier Representation: The majority of policies are with Farmers Insurance Group (Farmers, Bristol West, Foremost, MetLife, and Kraft Lake), complemented by outside carrier policies that will transfer with the sale, ensuring a robust and diverse revenue stream.

Fully Equipped Office: The sale includes all furniture and computers, which were upgraded in 2022, making this a turnkey operation. No additional setup costs—step in and start running immediately.

Growth Market: Farmers Insurance has identified Arizona as a key growth market and is investing significantly in its agency force to drive new business.

Lucrative Bonus Opportunities: Farmers offers attractive monthly and annual bonus programs, with potential earnings exceeding six figures annually. Additionally, new agency owners are eligible for startup bonuses during their first year and reduced bonus benchmarks, ensuring consistent additional streams of income during the transition period.

Prime Location: Located in historic Downtown Prescott, this office benefits from excellent visibility, foot traffic, and a convenient central location for clients.

Why Choose This Agency?

This turnkey opportunity is ideal for experienced insurance professionals or entrepreneurs looking to own a well-established business with multiple income streams and growth potential. With strong carrier partnerships, a proven business model, and all equipment included, this agency offers a seamless path to success.

Next Steps:

Don’t miss this chance to own a thriving insurance agency in one of Arizona’s most sought-after markets. Contact us today to learn more about this exciting opportunity and schedule a confidential discussion.

DETAILED INFORMATION
Location
Prescott, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
600
Employees
3
Facilities
Office has large open area room for a team member to greet clients and two private offices. All furniture is included in the purchase price of the agency. Furniture and all technology is two years old and includes: - 3 desks with chairs - client chairs - 55" TV - 5 cabinets - Keurig Coffee Maker - Artwork -More!
Competition
Prescott, AZ, offers a dynamic and diverse insurance market fueled by its growing population, thriving real estate sector, and active small business community. As a popular destination for retirees and young families, Prescott provides unique opportunities for insurance agencies catering to a wide range of needs. Competition is like any market which ranges from other name brand insurers to independent agencies. Most of the agencies appear to not be as aggressive which will help lead to multiline growth for the right individual.
Growth & Expansion
Prescott offers a promising environment for growth in the insurance industry, driven by its expanding population, real estate development, and active small business community. However, overcoming challenges like high competition, economic fluctuations, and evolving consumer preferences requires agencies to focus on product specialization, customer service, and innovative marketing strategies. Agencies that adapt and cater to Prescott's unique needs are well-positioned for long-term success.
Financing
Financing options available through Farmers Credit Union as well as Owner Carry
Support & Training
Farmers Insurance offers world class training required by all new agents joining the Farmers Family! After the initial training, you have consistent and experienced help and support from the local District Office for product, marketing, and system support.
Reason for Selling
Desire for new opportunities and for personal reasons.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Michael Coomer
Phone Number
Michael Coomer
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