Tim Custer - State Farm Insurance Agent
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Employees over time
▲ 100% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | Form 5500 | 2 | $411K |
| 2022 | Form 5500 | 3 | $617K |
| 2023 | Form 5500 | 3 | $617K |
| 2024 | Form 5500 | 4 | $823K |
| 2025 | Form 5500 | 4 | $823K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Tim Custer - State Farm Insurance Agent this business | $806K | — |
| FRANK L FREEMAN INSURANCE AGENCY Broken Arrow · 1 employees | $229K | 0.1 mi |
| AML INSURANCE OF BROKEN ARROW LLC Broken Arrow · 5 employees | $1.1M | 0.8 mi |
| DORIS WATSON INSURANCE AGENCY INC Broken Arrow · 5 employees | $1.1M | 0.8 mi |
| Arko Benefits Group Broken Arrow | $806K | 0.9 mi |
| Justin Voyles Agency Broken Arrow | $806K | 1.0 mi |
| BALMER INSURANCE AGENCY INC Broken Arrow · 1 employees | $235K | 1.0 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
About Tim Custer - State Farm Insurance Agent
Tim Custer - State Farm Insurance Agent is an insurance agencies company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. It has about 4 employees. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Tim Custer - State Farm Insurance Agent?
- The owner of Tim Custer - 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 Tim Custer - State Farm Insurance Agent make?
- SeeBITDA estimates Tim Custer - State Farm Insurance Agent'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 Tim Custer - State Farm Insurance Agent 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.
- How many employees does Tim Custer - State Farm Insurance Agent have?
- About 4, from its 2025 retirement-plan filing.