Garrett and Company Ia LLC
How we got $493K
Based on its 1 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 111 years (since 1915)
- Founder still runs it after 111 years
- Family in the business (William P. "Pat" Garrett, Manager)
From public records and the company's website, not a statement that it's for sale.
What they do
Garrett and Company, LLC is a small family owned business in Oklahoma City that holds properties and serves its local economy through a family of affiliated and subsidiary companies in construction, real estate, oil and gas, and other fields.
From the company's website. Industry: Direct Title Insurance Carriers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- THE HOUSE CHURCH INC · Pauls Valley, 61 mi · $382.1M
- CHICKASAW DEFENSE LOGISTICS, LLC · Norman, 27 mi · $252.5M
- HAMMER CONSTRUCTION, INC. · Norman, 21 mi · $201.7M
- VAN EATON READY MIX, INC. · Shawnee, 32 mi · $149.4M
- LINGO CONSTRUCTION SERVICES INC · Oklahoma City, 6 mi · $131.2M
- GULFPORT ENERGY CORPORATION · Oklahoma City, 4 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 5 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 5 mi · $711.7M
- T/J INSPECTION, INC. · Del City, 10 mi · $651.7M
- CIRCLE 9 RESOURCES LLC · Oklahoma City, 7 mi · $557.8M
- LSB INDUSTRIES, INC · Oklahoma City, 4 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 5 mi · $339.6M
- SOUTHWESTERN WIRE INC · Norman, 27 mi · $312.4M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 15 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 12 mi · $232.0M
Estimated value over time
▲ 27% 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 |
|---|---|---|
| GARRETT AND COMPANY IA LLC this business | $513K | — |
| COURTESY INSURANCE AGENCY OF OKLAHOMA, LLC Oklahoma City · 11 employees | $10.4M | 1.2 mi |
| COMPSOUCE MUTUAL INSURANCE COMPANY Oklahoma City | $537.9M | 3.2 mi |
| SARAH SMITH INSURANCE AGENCY INC Oklahoma City · 4 employees | $3.9M | 3.2 mi |
| OLD SURETY LIFE INSURANCE COMPANY Oklahoma City · 49 employees | $89.9M | 3.2 mi |
| TRAVELERS MOTOR CLUB Oklahoma City · 29 employees | $42.0M | 3.3 mi |
| HUGHES INTERNATIONAL USA INC Oklahoma City · 2 employees | $3.1M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $332K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $610K |
| Estimate: the two combined (geometric mean) | $513K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $197K |
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 | $493K |
| Multiple for this size and industry | 2.5× |
| Value range | $260K – $675K |
| Revenue range | $338K – $585K |
| EBITDA range | $130K – $225K |
| Industry (NAICS) | Direct Title Insurance Carriers (524127) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“In 1915, Otis Garrett started the business by buying, selling and trading anything and everything from property and mineral rights to jewelry.”
Leadership
- WPWilliam P. "Pat" GarrettManager · Company website · source
- RSRichard S. "Steve" GarrettManager · Company website · source
- JBJoshua BaileyManager · Company website · source
- TMTony MartinManager · Company website · source
Advisors
- BankingNBC OklahomaPPP / 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
| NBC Oklahoma PPP 2020 | All 526 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 | $23K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garrett and Company Ia LLC
Garrett and Company Ia LLC is a family-owned direct title insurance carriers company in Oklahoma City, Oklahoma, in business since 1915. It is owned by Otis Garrett (Founder). Its estimated annual revenue is about $513K, with roughly $197K of EBITDA. It has about 1 employees. Its estimated business value is $493K (likely range $260K–$675K).
Common questions
- Who owns Garrett and Company Ia LLC?
- Garrett and Company Ia LLC is owned by Otis Garrett (Founder), according to public sources such as the company's website or filings.
- How much revenue does Garrett and Company Ia LLC make?
- SeeBITDA estimates Garrett and Company Ia LLC's annual revenue at about $513K (likely between $338K and $585K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garrett and Company Ia LLC worth?
- About $493K, roughly 2.5× its estimated EBITDA of $197K, typical for a direct title insurance carriers company its size. Likely range: $260K–$675K.
- How many employees does Garrett and Company Ia LLC have?
- About 1, as reported on its PPP loan.
- When was Garrett and Company Ia LLC founded?
- Garrett and Company Ia LLC has been in business since 1915.
- Is Garrett and Company Ia LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 111 years (since 1915); founder still runs it after 111 years; family in the business (william p. "pat" garrett, manager).