Katz Insurance Agency is a thriving Farmers Insurance agency with a strong client base and consistent revenue!
PERFECT for:
1. An EXISTING Farmers Agent, or
2. ANY Spouse of ANY Insurance Agent.
![Katz-Insurance - Biznis Resource Katz Insurance Agency - exterior sign](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-Insurance.png?resize=453%2C326&ssl=1)
BUSINESS VALUE INCLUDES ($300K):
- Goodwill:
- Well-established Insurance Agency with STRONG reputation & LOYAL client base:
- 4-years with Farmers
- 17-years with most clients!
- Excellent relationship with Farmers Insurance:
- PRESIDENTS CLUB = Top 1% of Farmers Agents (first year eligible)!
- EVERY other record / milestone in previous years!
- Well-established Insurance Agency with STRONG reputation & LOYAL client base:
- Financials:
- $328K in Total Revenue in 2023!
- Top Producer in 3 previous years, as well!
- Employees:
- 1 Customer Service Representative who is great (knows the business inside / out)!
- BOTH Sellers (husband / wife) are willing to stay on as agents (part-time)
- Intangible Assets:
- Significant Book of Business = ~1800 policies!
- Property & Casualty Policies = large majority of this Book:
- “Personal Carriers” – primarily:
- Bristol West
- Safeco
- Travelers
- “Commercial” Carriers – too many to name!
- “Personal Carriers” – primarily:
- Life Policies = 50% pay-out in the first year!
- Property & Casualty Policies = large majority of this Book:
- Growth Options (ability to sell):
- Health Policies (this is a new line of business for the owner)
- Medicare
- Financial Services
- Significant Book of Business = ~1800 policies!
- Tangible Assets (OPTIONAL):
- Office Furniture (practically brand new):
- 9 Desks
- Multiple Chairs
- Multiple Filing Cabinets
- Other Basic Office Equipment
- Office Furniture (practically brand new):
- Location / Lease (OPTIONAL):
- Location: 1871 W 7800 S , West Jordan, UT 84088:
- Large Entry Room with 3 Desks
- 3 Private Offices
- Bathrooms
- Plenty of Parking in the back
- Lease:
- $2,259 / month
- 1+ year remaining on the Lease
- No CAM
- Utilities = ~$150 / month Total (no electricity bill due to solar power on the roof)
- Location: 1871 W 7800 S , West Jordan, UT 84088:
- Buyer Requirements:
- New purchaser must be fully licensed with Property & Casualty (Life & Health are optional depending on needs).
- Buyer must have $75K in capital and must pass background check and have good credit.
- Farmers Credit Union can finance the book / purchase, or the Buyer may choose to find outside financing if needed.
- New purchaser must be fully licensed with Property & Casualty (Life & Health are optional depending on needs).
- Training:
- New Buyer is required to complete a 4-5 week training with Farmers Insurance
- Seller will assist with the transition!
Katz Insurance Agency is a turn-key operation with trained staff and robust support from Farmers Insurance!
![katz-banner2-1 - Biznis Resource Katz Insurance Agency - protecting families](https://i0.wp.com/biznisresource.com/wp-content/uploads/katz-banner2-1.png?resize=617%2C300&ssl=1)
Whether you’re an experienced industry professional or an entrepreneur looking to diversify, this insurance agency offers the stability and potential you’ve been looking for!
![Katz-Insurance-exterior1-1 - Biznis Resource Katz Insurance Agency - busy street access](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-Insurance-exterior1-1.png?resize=467%2C278&ssl=1)
![Katz-exterior-2 - Biznis Resource Katz Insurance Agency - great location](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-exterior-2.png?resize=492%2C244&ssl=1)
Katz Insurance Agency is located in a prime location in the Salt Lake valley with excellent growth potential!
![Katz-interior2 - Biznis Resource Katz Insurance Agency - Like-new furniture and equipment](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-interior2.png?resize=595%2C407&ssl=1)
![Katz-Interior3 - Biznis Resource Katz Insurance Agency - multiple offices](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-Interior3.png?resize=596%2C440&ssl=1)
![Katz-interior1 - Biznis Resource Katz Insurance Agency - Great Book of Business](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-interior1.png?resize=595%2C423&ssl=1)
Katz Insurance Agency is your opportunity to step into a profitable business with a solid foundation and significant room for growth!
![katz-insurance-map - Biznis Resource Katz Insurance Agency - location map](https://i0.wp.com/biznisresource.com/wp-content/uploads/katz-insurance-map.png?resize=700%2C405&ssl=1)
![Katz-insurance-logo - Biznis Resource Katz Insurance - logo small](https://i0.wp.com/biznisresource.com/wp-content/uploads/Katz-insurance-logo.png?resize=343%2C114&ssl=1)
Inquire below for more info… this established insurance agency will not last long!
The Consultation is FREE, so there’s absolutely no risk!