Jim Hoffhines - State Farm Insurance Agent
How we got $2.4M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Jim Hoffhines - State Farm Insurance Agent this business | $1.6M | — |
| HealthMarkets Insurance - Melissa Kay Hightower Oklahoma City | $815K | 0.2 mi |
| Maria Lucia Lopez: Allstate Insurance Oklahoma City | $815K | 0.4 mi |
| HERNANDEZ INSURANCE AGENCY INC. Oklahoma City · 2 employees | $491K | 0.4 mi |
| Central Plains Insurance Oklahoma City | $815K | 0.5 mi |
| SERVING OKLAHOMA SENIORS INC Oklahoma City · 1 employees | $228K | 0.6 mi |
| Farmers Insurance - Roy Wallace Oklahoma City | $815K | 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 | $2.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $884K – $3.6M |
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 (33%). Treat these as a rough guide.
| Revenue range | $749K – $2.0M |
| EBITDA range | $246K – $669K |
| 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
2 locations
| 3838 NW 36th St Ste 160 | Oklahoma City | This listing |
| 3701 N Meridian Ave | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Jim Hoffhines - State Farm Insurance Agent
Jim Hoffhines - State Farm Insurance Agent is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $535K of EBITDA. Its estimated business value is $2.4M (likely range $884K–$3.6M). It has 2 locations.
Common questions
- Who owns Jim Hoffhines - State Farm Insurance Agent?
- The owner of Jim Hoffhines - State Farm Insurance Agent 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 Jim Hoffhines - State Farm Insurance Agent make?
- SeeBITDA estimates Jim Hoffhines - State Farm Insurance Agent's annual revenue at about $1.6M (likely between $749K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jim Hoffhines - State Farm Insurance Agent worth?
- About $2.4M, roughly 4.5× its estimated EBITDA of $535K, typical for a insurance agencies company its size. Likely range: $884K–$3.6M.