Riggs & Associates
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Riggs & Associates is an insurance agency offering risk management and insurance services, including group benefits and bonds. It serves businesses across several industries and offers farm, ranch and agriculture coverage.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Customers
- Swink Heat&Air · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- T-MAC FARMS FAMILY LIMITED PARTNERSHIP · Wayne, 51 mi · $9.9M
- MORTON CATTLE COMPANY, LLC · Stratford, 46 mi · $8.4M
- MORTON FARMS LLC · Stratford, 46 mi · $8.4M
- DANWELL COMPANIES. LLC · Durant, 45 mi · $8.1M
- NORTHCUTT'S GREENLAWN, L.L.C. · Lexington, 61 mi · $8.0M
- MID AMERICAN STEEL & WIRE CO., LLC · Madill, 24 mi · $525.8M
- KT PLASTICS, INC. · Calera, 44 mi · $326.5M
- ROLL-OFFS OF AMERICA, INC. · Mead, 37 mi · $211.0M
- SOLITAIRE HOLDING LLC · Duncan, 46 mi · $148.9M
- SUNDOWNER TRAILERS INC. · Coleman, 42 mi · $138.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Riggs & Associates this business | $806K | — |
| AMBER KNIGHT INSURANCE INC Ardmore · 4 employees | $1.0M | 0.2 mi |
| ASSUAGE INSURANCE MANAGEMENT LLC Ardmore · 3 employees | $754K | 0.4 mi |
| VOYAGER INSURANCE SERVICES INC. Ardmore · 16 employees | $4.0M | 0.4 mi |
| WATKINS INSURANCE AGENCY LLC Ardmore · 9 employees | $1.4M | 0.4 mi |
| Jayme Michelle Parsley - 908 N Rockford Rd Ardmore | $806K | 0.7 mi |
| Tim Longest Insurance Inc Ardmore | $806K | 0.8 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Riggs & Associates
Riggs & Associates is an insurance agencies company in Ardmore, Oklahoma, in business since 2023. 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 Riggs & Associates?
- The owner of Riggs & Associates 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 Riggs & Associates make?
- SeeBITDA estimates Riggs & Associates'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 Riggs & Associates 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 Riggs & Associates founded?
- Riggs & Associates has been in business since 2023.