Eitzen 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.
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.
What we know
Signs of a sale Some signs of a sale
- In business 64 years (since 1962)
From public records and the company's website, not a statement that it's for sale.
What they do
Eitzen Agency, Inc is a locally owned and operated independent insurance agency in Fairview, OK, serving individuals and businesses with personal, business, and employee benefits insurance, with church insurance as a specialty.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Safeco · brand it sells or installs
- Liberty Mutual · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 73 mi · $118.7M
- FIRST ASSEMBLY OF GOD CHURCH · Weatherford, 51 mi · $80.5M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 77 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 77 mi · $63.9M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 74 mi · $53.1M
- WINTER LIVESTOCK, INC · Enid, 34 mi · $60.2M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 76 mi · $30.1M
- BUFFALO FEEDERS LLC · Buffalo, 72 mi · $21.2M
- EXPRESS RANCHES INC · Yukon, 64 mi · $18.0M
- LANCE RHODES · Fairview, 6 mi · $10.9M
- LSB INDUSTRIES, INC · Oklahoma City, 71 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 68 mi · $339.8M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 65 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 70 mi · $232.1M
- CPRP SERVICES, LLC · Oklahoma City, 76 mi · $206.7M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EITZEN AGENCY, INC this business | $2.4M | — |
| Major County Farm Bureau Fairview | $815K | 0.0 mi |
| EWING INSURANCE, LLC Fairview · 6 employees | $911K | 0.0 mi |
| Mary Lee Jones - State Farm Insurance Agent Fairview | $815K | 0.1 mi |
| Aylward Insurance Agency Fairview | $815K | 0.1 mi |
| Pinnacle Ag Insurance Llc Fairview | $815K | 0.1 mi |
| KAISER L WEBB INSURANCE, LLC Fairview · 1 employees | $346K | 0.7 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) | $2.7M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $704K |
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 – $4.3M |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $463K – $803K |
| 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
History & advisors
Advisors
- BankingThe Farmers and Merchants National Bank of FairviewPPP / 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
| The Farmers and Merchants National Bank of Fairview PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $118K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Eitzen Agency, Inc
Eitzen Agency, Inc is an insurance agencies company in Fairview, Oklahoma, in business since 1962. It is owned by Philip Eitzen (Principal). Its estimated annual revenue is about $2.4M, with roughly $704K of EBITDA. It has about 9 employees. Its estimated business value is $3.2M (likely range $1.7M–$4.3M).
Common questions
- Who owns Eitzen Agency, Inc?
- Eitzen Agency, Inc is owned by Philip Eitzen (Principal), according to public sources such as the company's website or filings.
- How much revenue does Eitzen Agency, Inc make?
- SeeBITDA estimates Eitzen Agency, Inc's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eitzen Agency, Inc worth?
- About $3.2M, roughly 4.5× its estimated EBITDA of $704K, typical for a insurance agencies company its size. Likely range: $1.7M–$4.3M.
- How many employees does Eitzen Agency, Inc have?
- About 9, as reported on its PPP loan.
- When was Eitzen Agency, Inc founded?
- Eitzen Agency, Inc has been in business since 1962.