Glen Edwards & Associates Inc
- Chris ManningSenior Insurance Advisor · Company website
How we got $649K
Based on its 3 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 Likely to sell
- In business 68 years (since 1958)
- 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
Glen Edwards Insurance is a Tulsa, Oklahoma insurance agency established in 1958 that offers auto and home insurance to Oklahoma families.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GLEN EDWARDS & ASSOCIATES INC this business | $562K | — |
| State Farm Tulsa | $815K | 0.0 mi |
| Budman Insurance Solutions Tulsa | $815K | 0.1 mi |
| GORDON INSURANCE AGENCY LLC Tulsa · 1 employees | $204K | 0.1 mi |
| JOHN C. SAWYER INSURANCE AGENCY, INC Tulsa · 1 employees | $245K | 0.1 mi |
| Don Gordon Tulsa | $815K | 0.1 mi |
| Incentus Corporation Tulsa | $815K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $391K |
| Estimate: the two combined (geometric mean) | $562K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $216K |
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 | $649K |
| Multiple for this size and industry | 3× |
| Value range | $341K – $887K |
| Revenue range | $370K – $641K |
| EBITDA range | $142K – $247K |
| 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
“Founded on September 1, 1958 by Glen Dale Edwards, our agency has been a pillar of the Tulsa insurance community for nearly seven decades.”
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 |
|---|---|---|---|
| 4/30/2020 | first | $13K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Glen Edwards & Associates Inc
Glen Edwards & Associates Inc is an insurance agencies company in Tulsa, Oklahoma, in business since 1958. It is owned by Dustin Wyzard (Owner & Principal Agent). Its estimated annual revenue is about $562K, with roughly $216K of EBITDA. It has about 3 employees. Its estimated business value is $649K (likely range $341K–$887K).
Common questions
- Who owns Glen Edwards & Associates Inc?
- Glen Edwards & Associates Inc is owned by Dustin Wyzard (Owner & Principal Agent), according to public sources such as the company's website or filings.
- How much revenue does Glen Edwards & Associates Inc make?
- SeeBITDA estimates Glen Edwards & Associates Inc's annual revenue at about $562K (likely between $370K and $641K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Glen Edwards & Associates Inc worth?
- About $649K, roughly 3× its estimated EBITDA of $216K, typical for a insurance agencies company its size. Likely range: $341K–$887K.
- How many employees does Glen Edwards & Associates Inc have?
- About 3, as reported on its PPP loan.
- When was Glen Edwards & Associates Inc founded?
- Glen Edwards & Associates Inc has been in business since 1958.
- Is Glen Edwards & Associates Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 68 years (since 1958); no family successor named on its website.