Gofourth Agency LLC
How we got $596K
Based on its 2 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 36 years (since 1990)
- Founder still runs it after 36 years
- Family in the business (Brandy Gofourth, Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Gofourth Agency is an insurance agency in Stillwater, OK that helps individuals, families and businesses of all sizes select health, life, Medicare and other coverage, with complimentary consultations.
From the company's website. Industry: Insurance agencies.
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 |
|---|---|---|
| GOFOURTH AGENCY LLC this business | $516K | — |
| Farmers Insurance - William Bro Stillwater | $806K | 0.2 mi |
| Jeff Millerd Stillwater | $806K | 0.2 mi |
| Shelter Insurance - Lacey Corbitt Stillwater | $806K | 0.2 mi |
| LARRY G GOSNEY Stillwater · 6 employees | $1.1M | 0.2 mi |
| Lew Phillips Agency Inc Stillwater | $806K | 0.4 mi |
| Wedel & Associates Stillwater | $806K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $415K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $494K |
| Estimate: the two combined (geometric mean) | $516K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $199K |
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 | $596K |
| Multiple for this size and industry | 3× |
| Value range | $313K – $815K |
| Revenue range | $340K – $589K |
| EBITDA range | $131K – $226K |
| 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
“Derrel Gofourth founded Gofourth Agency in 1990.”
Leadership
- BGBrandy GofourthOwner · Company website · source
Advisors
- BankingBlue Sky BankPPP / 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
| Blue Sky Bank PPP 2020 | All 430 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 | $17K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gofourth Agency LLC
Gofourth Agency LLC is a family-owned insurance agencies company in Stillwater, Oklahoma, in business since 1990. It is owned by Derrel Gofourth. Its estimated annual revenue is about $516K, with roughly $199K of EBITDA. It has about 2 employees. Its estimated business value is $596K (likely range $313K–$815K).
Common questions
- Who owns Gofourth Agency LLC?
- Gofourth Agency LLC is owned by Derrel Gofourth, according to public sources such as the company's website or filings.
- How much revenue does Gofourth Agency LLC make?
- SeeBITDA estimates Gofourth Agency LLC's annual revenue at about $516K (likely between $340K and $589K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gofourth Agency LLC worth?
- About $596K, roughly 3× its estimated EBITDA of $199K, typical for a insurance agencies company its size. Likely range: $313K–$815K.
- How many employees does Gofourth Agency LLC have?
- About 2, as reported on its PPP loan.
- When was Gofourth Agency LLC founded?
- Gofourth Agency LLC has been in business since 1990.