Magill Insurance Agency Inc
- Karen MagillReal Estate Broker · Company website
- Thomas MerrittAfis · Company website
How we got $3.4M
Based on its 10 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 55 years (since 1971)
- Founder still runs it after 55 years
- Family in the business (Karen Magill, Real Estate Broker)
From public records and the company's website, not a statement that it's for sale.
What they do
Magill Insurance and Real Estate in Weatherford, OK offers livestock insurance for horses and cattle, along with other insurance lines and rental property services. Its pages describe horse insurance coverages and say it writes policies outside Oklahoma.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- A-rated best companies · 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 |
|---|---|---|
| MAGILL INSURANCE AGENCY INC this business | $2.6M | — |
| ED BERRONG INSURANCE AGENCY, INC. Weatherford · 16 employees | $4.2M | 0.1 mi |
| DEBBIE SHEPHERD INSURANCE AGENCY, INC. Weatherford · 4 employees | $1.1M | 0.2 mi |
| CROP MANAGEMENT SOLUTIONS LLC Weatherford · 1 employees | $407K | 0.2 mi |
| State Farm Weatherford | $806K | 0.2 mi |
| JACKIE DICKERSON, LLC Weatherford · 2 employees | $415K | 0.3 mi |
| GAVAN BYRD INSURANCE AGENCY, INC Weatherford · 6 employees | $1.4M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $764K |
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 | $3.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.8M – $4.7M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $503K – $871K |
| 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
“Magill Insurance and Real Estate has been serving the Weatherford area since 1971 and looks forward to being a staple in the community for years to come.”
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 |
|---|---|---|---|
| 4/6/2020 | first | $110K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Magill Insurance Agency Inc
Magill Insurance Agency Inc is an insurance agencies company in Weatherford, Oklahoma, in business since 1971. It is owned by R. Bruce Magill (Founder, President). Its estimated annual revenue is about $2.6M, with roughly $764K of EBITDA. It has about 10 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.7M).
Common questions
- Who owns Magill Insurance Agency Inc?
- Magill Insurance Agency Inc is owned by R. Bruce Magill (Founder, President), according to public sources such as the company's website or filings.
- How much revenue does Magill Insurance Agency Inc make?
- SeeBITDA estimates Magill Insurance Agency Inc's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Magill Insurance Agency Inc worth?
- About $3.4M, roughly 4.5× its estimated EBITDA of $764K, typical for a insurance agencies company its size. Likely range: $1.8M–$4.7M.
- How many employees does Magill Insurance Agency Inc have?
- About 10, as reported on its PPP loan.
- When was Magill Insurance Agency Inc founded?
- Magill Insurance Agency Inc has been in business since 1971.
- Is Magill Insurance Agency Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 55 years (since 1971); founder still runs it after 55 years; family in the business (karen magill, real estate broker).