Arnett Insurance Agency, Inc
How we got $3.2M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 62 years (since 1964)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Arnett Insurance is a third-generation family-owned insurance agency in Durant, OK offering personalized insurance for homes, cars, businesses, and life. It works with a network of carriers and says it is independent and unbiased.
From the company's website. Industry: Insurance agencies.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ARNETT INSURANCE AGENCY, INC this business | $2.4M | — |
| Colby Hix Durant | $806K | 0.0 mi |
| Shelter Insurance - Jason Downs Durant | $806K | 0.1 mi |
| Finley Insurance Durant | $806K | 0.1 mi |
| CLINT MARCUM INSURANCE AGENCY INC Durant · 3 employees | $704K | 0.2 mi |
| Farmers Insurance - Joe Dayton Booth Durant | $806K | 0.3 mi |
| Jack Mills Insurance Inc Durant | $806K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $717K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $3.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.7M – $4.4M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $472K – $818K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Founded in Durant, Oklahoma in 1964, we’ve helped generations of individuals, families, and business owners across Texoma protect what matters most.”
Leadership
- SASusan ArnettAccounting · Company website · source
- TOTeresa OdumPersonal Lines · Company website · source
- RTRita ThomasPersonal Lines · Company website · source
- MHMax HimeCommercial Lines · Company website · source
- JCJulie CarneyCommercial Lines · Company website · source
- CHCharles HowellLife & Health · Company website · source
- CHCarolyn HendricksonPersonal Lines · Company website · source
- DMDanyelle MasiPersonal Lines · Company website · source
Advisors
- BankingFirst United Bank and Trust CompanyPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $122K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Arnett Insurance Agency, Inc
Arnett Insurance Agency, Inc is a family-owned insurance agencies company in Durant, Oklahoma, in business since 1964. It is owned by Rob Piearcy (President). Its estimated annual revenue is about $2.4M, with roughly $717K of EBITDA. It has about 9 employees. Its estimated business value is $3.2M (likely range $1.7M–$4.4M).
Common questions
- Who owns Arnett Insurance Agency, Inc?
- Arnett Insurance Agency, Inc is owned by Rob Piearcy (President), according to public sources such as the company's website or filings.
- How much revenue does Arnett Insurance Agency, Inc make?
- SeeBITDA estimates Arnett Insurance Agency, Inc's annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Arnett Insurance Agency, Inc worth?
- About $3.2M, roughly 4.5× its estimated EBITDA of $717K, typical for a insurance agencies company its size. Likely range: $1.7M–$4.4M.
- How many employees does Arnett Insurance Agency, Inc have?
- About 9, as reported on its PPP loan.
- When was Arnett Insurance Agency, Inc founded?
- Arnett Insurance Agency, Inc has been in business since 1964.
- Is Arnett Insurance Agency, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 62 years (since 1964); no family successor named on its website.