Farmers Insurance - Renee Scates
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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
The pages are recruitment material from Farmers Insurance for people interested in becoming Farmers agency owners or Financial Services Agents. They do not describe Brandon Inman's Stillwater, OK agency specifically.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Farmers Insurance - Renee Scates this business | $806K | — |
| Laura Sue Kistner - 205 W Maple Ave Enid | $806K | 0.0 mi |
| Dillingham Insurance Enid | $806K | 0.1 mi |
| Farmers Insurance - Brandon Adams Enid | $806K | 0.1 mi |
| ANDREW RITCHIE INSURANCE AGENCY LLC Enid · 6 employees | $895K | 0.1 mi |
| Hometown Insurance Manning Agency Enid | $806K | 0.2 mi |
| Mason Insurance Group Enid | $806K | 0.2 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 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
“With over 95 years of experience and best in-class training, Farmers has the knowledge to help you start up an independent business you can proudly call your own.”
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 Farmers Insurance - Renee Scates
Farmers Insurance - Renee Scates is an insurance agencies company in Enid, Oklahoma, in business since 1996. 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 Farmers Insurance - Renee Scates?
- The owner of Farmers Insurance - Renee Scates 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 Farmers Insurance - Renee Scates make?
- SeeBITDA estimates Farmers Insurance - Renee Scates'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 Farmers Insurance - Renee Scates 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 Farmers Insurance - Renee Scates founded?
- Farmers Insurance - Renee Scates has been in business since 1996.