SeeBITDAOklahoma

Brittain & Associates, Inc.

Estimated valueLow confidence
$21.3M
$10.1Mlikely range$30.2M
About 5.5× its yearly profit, typical for a company this size in its industry.
Revenue
$17.4M
a year
Profit (EBITDA)
$3.9M
22% of revenue
Employees
18
reported in 2020
Leadership
Brett Brittain
Owner/CEO · source · confirmed by 2 sources
Some signs of a sale
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $21.3M

Based on 18 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.

18 employees × $818K each$14.7M
Shown toward the top of its range×1.18
Revenue$17.4M
× 22% profit margin$3.9M
× 5.5 sale multiple = value$21.3M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 42 years (since 1984)
  • Family in the business (Kevin Brittain, Owner)

From public records and the company's website, not a statement that it's for sale.

What they do

Brittain & Associates Insurance is a family-owned independent insurance agency serving western Oklahoma since 1984, offering commercial, personal, life, and health coverages. It also operates Plus One Properties, which offers rental homes.

Products & services
Homeowners InsuranceCommercial InsuranceATV & Boat InsuranceAuto InsuranceHealth & Life InsurancePersonal InsuranceBusiness/Commercial InsuranceCertificatesAuto ID CardsClaims HandlingPayment ProcessingCorporate Housing/Corporate Leasing
Markets served
commercialpersonal
Service area
Clinton, OklahomaArapaho, OklahomaWestern OklahomaOklahomaKansasArkansasTexasArizona

From the company's website. Industry: Insurance agencies.

Estimated value over time

▲ 27% since 2020
$0$12.2M$24.5M20202026

Today'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

BusinessEst. revenueEst. profitDistance
BRITTAIN & ASSOCIATES, INC.
this business
$17.4M$3.9M—
COUNTRYSIDE CROP INSURANCE SERVICES LLC
Arapaho · 1 employees
$968K$318K12.4 mi
LEE NORTON AGENCY, INC.
Hinton · 2 employees
$2.8M$830K34.4 mi
EWING INSURANCE, LLC
Fairview · 6 employees
$4.3M$1.2M59.0 mi
DANA RICHTER INSURANCE, LLC
Fairview · 1 employees
$968K$318K59.5 mi

The full calculation

Employees reported to the SBA18
Industry revenue per employee$179K
Revenue = employees × revenue per employee$17.4M
EBITDA margin (industry, adjusted for size)22%
EBITDA = revenue × margin$3.9M
Cross-check: revenue implied by PPP payroll$2.3M

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$21.3M
Multiple for this size and industry5.5×
Value range$10.1M – $30.2M
Revenue range$10.3M – $20.6M
EBITDA range$2.3M – $4.6M
Industry (NAICS)Insurance Agencies and Brokerages (524210)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

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

History & advisors

Founded 1984Family-owned
“In 1984 Kevin Brittain and Gary Cruson partnered to purchase the agency and incorporated as Brittain & Cruson, Inc.”

Advisors

  • BankingFirst Bank and Trust of MemphisPPP / 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 Bank and Trust of Memphis
PPP 2020
All 78 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/3/2020first$35K$35K18First Bank and Trust of Memphis

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Brittain & Associates, Inc.

Brittain & Associates, Inc. is a family-owned insurance agencies company in Clinton, Oklahoma, in business since 1984. It is owned by Brett Brittain (Owner/CEO). Its estimated annual revenue is about $17.4M, with roughly $3.9M of EBITDA. It has about 18 employees. Its estimated business value is $21.3M (likely range $10.1M–$30.2M).

Common questions

Who owns Brittain & Associates, Inc.?
Brittain & Associates, Inc. is owned by Brett Brittain (Owner/CEO), according to public sources such as the company's website or filings.
How much revenue does Brittain & Associates, Inc. make?
SeeBITDA estimates Brittain & Associates, Inc.'s annual revenue at about $17.4M (likely between $10.3M and $20.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Brittain & Associates, Inc. worth?
About $21.3M, roughly 5.5× its estimated EBITDA of $3.9M, typical for a insurance agencies company its size. Likely range: $10.1M–$30.2M.
How many employees does Brittain & Associates, Inc. have?
About 18, as reported on its PPP loan.
When was Brittain & Associates, Inc. founded?
Brittain & Associates, Inc. has been in business since 1984.