Garrison Insurance Agency, LLC
How we got $966K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- 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
Farmers Insurance agent Shea Garrison, through Garrison Insurance Agency LLC in Owasso, OK, helps customers identify insurance coverage that fits their needs across auto, home, renters, business, life and investments.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Farmers · brand it sells or installs
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 |
|---|---|---|
| GARRISON INSURANCE AGENCY, LLC this business | $818K | — |
| Shea Garrison - 8805 N 145th East Ave Owasso | $806K | 0.0 mi |
| David Paul Wallace - 8813 N 145th East Ave Owasso | $806K | 0.0 mi |
| Jennifer Courtney Brown-Brady - 8813 N 145th East Ave Owasso | $806K | 0.0 mi |
| Farmers Insurance - Cory Washam Owasso | $806K | 0.0 mi |
| CIGNA INVESTMENTS LLC Owasso · 1 employees | $185K | 0.8 mi |
| ALL2EZ SOLUTIONS, LLC Owasso · 1 employees | $408K | 0.8 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $886K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $581K |
| Estimate: the two combined (geometric mean) | $818K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $268K |
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 | $966K |
| Multiple for this size and industry | 3.6× |
| Value range | $508K – $1.3M |
| Revenue range | $538K – $933K |
| EBITDA range | $177K – $306K |
| 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
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $25K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Garrison Insurance Agency, LLC
Garrison Insurance Agency, LLC is an insurance agencies company in Owasso, Oklahoma, in business since 1996. It is owned by Shea Garrison (Farmers Insurance Agent). Its estimated annual revenue is about $818K, with roughly $268K of EBITDA. It has about 5 employees. Its estimated business value is $966K (likely range $508K–$1.3M).
Common questions
- Who owns Garrison Insurance Agency, LLC?
- Garrison Insurance Agency, LLC is owned by Shea Garrison (Farmers Insurance Agent), according to public sources such as the company's website or filings.
- How much revenue does Garrison Insurance Agency, LLC make?
- SeeBITDA estimates Garrison Insurance Agency, LLC's annual revenue at about $818K (likely between $538K and $933K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garrison Insurance Agency, LLC worth?
- About $966K, roughly 3.6× its estimated EBITDA of $268K, typical for a insurance agencies company its size. Likely range: $508K–$1.3M.
- How many employees does Garrison Insurance Agency, LLC have?
- About 5, as reported on its PPP loan.
- When was Garrison Insurance Agency, LLC founded?
- Garrison Insurance Agency, LLC has been in business since 1996.