Globe Life American Income Division: Young Varanic Organization
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 Unlikely to sell soon
- In business 30 years (since 1996)
- Family in the business (Slavita Varanic, Agency Owner)
From public records and the company's website, not a statement that it's for sale.
What they do
Young Varanic Organization is a Globe Life American Income Division agency in Tulsa, Oklahoma, led by John Young and Slavita Varanic, offering life, supplemental health, and accident insurance and recruiting agents into its organization.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Globe Life American Income Division · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Gateway First Bank · Jenks, 8 mi · $169.1M
- TTCU Federal Credit Union · Tulsa, 2 mi · $133.1M
- Regent Bank · Tulsa, 2 mi · $131.8M
- Mabrey Bank · Bixby, 9 mi · $114.5M
- Blue Sky Bank · Pawhuska, 48 mi · $88.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Globe Life American Income Division: Young Varanic Organization this business | $806K | — |
| Tyler Espinosa: Allstate Insurance Tulsa | $806K | 0.2 mi |
| Lacy Davenport Farmers Insurance Agent Tulsa | $806K | 0.2 mi |
| JOHN T NEUSHWANDER INSURANCE AGENCY, INC Tulsa · 5 employees | $938K | 0.2 mi |
| Lacy Alice Davenport - 6016 S Memorial Dr Tulsa | $806K | 0.2 mi |
| RANDALL YOUNG INSURANCE AGENCY INC Tulsa · 7 employees | $1.4M | 0.2 mi |
| Colin Bent Insurance Agency LLC Tulsa | $806K | 0.3 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
“Globe Life American Income Division has served working class families since 1951 with life, supplemental health, and accident insurance products to help protect members of labor unions, credit unions, associations, and their families.”
Leadership
- JYJohn YoungBusiness Owner · Company website · source
- SVSlavita VaranicAgency Owner · 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 Globe Life American Income Division: Young Varanic Organization
Globe Life American Income Division: Young Varanic Organization is an insurance agencies company in Tulsa, Oklahoma, in business since 1996. It is owned by John Young & Slavita Varanic (Business Owner). 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 Globe Life American Income Division: Young Varanic Organization?
- Globe Life American Income Division: Young Varanic Organization is owned by John Young & Slavita Varanic (Business Owner), according to public sources such as the company's website or filings.
- How much revenue does Globe Life American Income Division: Young Varanic Organization make?
- SeeBITDA estimates Globe Life American Income Division: Young Varanic Organization'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 Globe Life American Income Division: Young Varanic Organization 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 Globe Life American Income Division: Young Varanic Organization founded?
- Globe Life American Income Division: Young Varanic Organization has been in business since 1996.