Blackie Gibson - State Farm Insurance
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 49 years (since 1977)
From public records and the company's website, not a statement that it's for sale.
What they do
State Farm insurance agency led by agent Blackie Gibson in Broken Arrow, Oklahoma, offering auto, home, renters, life and health insurance and financial services to local residents.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Blackie Gibson - State Farm Insurance this business | $806K | — |
| BLACKIE GIBSON INSURANCE AGENCY INC. Broken Arrow · 9 employees | $2.1M | 0.3 mi |
| Derby Insurance Solutions Broken Arrow | $806K | 0.3 mi |
| Broken Arrow Provision Insurance Broken Arrow | $806K | 0.3 mi |
| Farmers Insurance Broken Arrow | $806K | 0.4 mi |
| GREATER TULSA INSURANCE INC Broken Arrow · 1 employees | $246K | 0.5 mi |
| SWINEHART AGENCY INC Broken Arrow · 2 employees | $486K | 0.6 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 industry | 3.6× |
| 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
People & advisors
“As a State Farm Agent since 1977 and Broken Arrow resident since 1963, I am committed to making a difference in my hometown and surrounding communities.”
Leadership
- BGBlackie GibsonState Farm Insurance Agent · Company website · source
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.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Blackie Gibson - State Farm Insurance
Blackie Gibson - State Farm Insurance is an insurance agencies company in Broken Arrow, Oklahoma, in business since 1977. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Blackie Gibson - State Farm Insurance?
- The owner of Blackie Gibson - State Farm Insurance isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Blackie Gibson - State Farm Insurance make?
- SeeBITDA estimates Blackie Gibson - State Farm 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 Blackie Gibson - State Farm 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.
- When was Blackie Gibson - State Farm Insurance founded?
- Blackie Gibson - State Farm Insurance has been in business since 1977.