SeeBITDAOklahoma
Estimated valueLow confidence
$1.1M
$411Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$806K
a year
Profit (EBITDA)
$310K
38% of revenue
Employees
—
not reported
Leadership
Jared Garner
Agent / Owner · source · confirmed by 2 sources
Unlikely to sell soon
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$806K
Revenue$806K
× 38% profit margin$310K
× 3.6 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

No PPP loan
401(k) filing, 2024
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 17 years (since 2009)
  • Family in the business (John Garner, Licensed Producer)

From public records and the company's website, not a statement that it's for sale.

What they do

Garner Insurance is an independent insurance agency in Norman, Oklahoma that offers personal and commercial insurance coverages to clients in Oklahoma.

Products & services
Auto InsuranceBoat & WatercraftCondo InsuranceFlood InsuranceHomeowners InsuranceIndividual Life InsuranceManufactured / Mobile HomeMotorcycle InsuranceRecreational VehicleRenters InsuranceBondsBuilders Risk
Markets served
PersonalBusinessCommercialChurchTruckingRestaurantRetail StoresContractors
Service area
NormanOklahomaTexasEdmondMooreOklahoma CityPurcell
Certifications
Licensed in Oklahoma and TexasOklahoma Independent Insurance Agency

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Churches & nonprofits
Trucking & freight
Restaurants

Employees over time

▲ 0% since 2023
0352023202433
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2023Form 55003$617K$237K
2024Form 55003$617K$237K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Garner Insurance
this business
$806K$310K—
AAA Oklahoma - Norman Main Street
Norman
$806K$310K0.0 mi
DAVID RITTER INSURANCE AGENCY, INC
Norman · 1 employees
$172K$66K0.1 mi
JIM HOLMES INSURANCE AGENCY, INC
Norman · 9 employees
$1.5M$442K0.2 mi
Webster Cheap Car Insurance Norman OK
Norman
$806K$310K0.2 mi
Farmers Insurance - Toni Williams
Norman
$806K$310K0.2 mi
Griego Insurance Group, LLC
Norman
$806K$310K0.2 mi

The full calculation

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$1.1M
Multiple for this size and industry3.6×
Value range$411K – $1.7M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.

Revenue range$371K – $1.0M
EBITDA range$143K – $387K
Industry (NAICS)Agencies, brokerages, and other insurance related activities (5242)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Garner Insurance

Garner Insurance is an insurance agencies company in Norman, Oklahoma, in business since 2009. It is owned by Jared Garner (Agent / Owner). Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. It has about 3 employees. Its estimated business value is $1.1M (likely range $411K–$1.7M).

Common questions

Who owns Garner Insurance?
Garner Insurance is owned by Jared Garner (Agent / Owner), according to public sources such as the company's website or filings.
How much revenue does Garner Insurance make?
SeeBITDA estimates Garner Insurance's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Garner Insurance worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.
How many employees does Garner Insurance have?
About 3, from its 2024 retirement-plan filing.
When was Garner Insurance founded?
Garner Insurance has been in business since 2009.