SeeBITDAOklahoma

Farmers Insurance - Le Nard Rhone

  • 317 N Main St, Mcalester, OK
  • 3 locations
  • Since 1996
Estimated valueLow confidence
$3.2M
$1.2Mlikely range$4.8M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$2.4M
a year
Profit (EBITDA)
$717K
30% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $3.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$2.4M
Revenue$2.4M
× 30% profit margin$717K
× 4.5 sale multiple = value$3.2M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found
3 locations found

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

Le Nard Rhone is a local Farmers Insurance agent in McAlester, Oklahoma, offering auto, home, life, business and other insurance products to residents of the area.

Products & services
Auto InsuranceHome InsuranceLife InsuranceRenters InsuranceBusiness InsuranceCondo InsuranceUmbrella InsuranceMotorcycle and Recreational InsuranceFinancial Solutions
Markets served
Commercial
Service area
McAlester, OKPittsburg CountyMcIntosh CountyLatimer CountyHughes CountyARMOOK
Certifications
AR License #: 8069081

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • Farmers · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Farmers Insurance - Le Nard Rhone
this business
$2.4M$717K—
Blackline Insurance Group
Mcalester
$806K$310K0.1 mi
Farmers Insurance - Robert Daniel
Mcalester
$806K$310K0.3 mi
CALEB CONNER INSURANCE AGENCY, INC
Mcalester · 6 employees
$996K$327K0.3 mi
AAA McAlester - Insurance/Membership Only
Mcalester
$806K$310K0.3 mi
Elite Senior Plans
Mcalester
$806K$310K0.3 mi
Ross Eaton
Mcalester
$806K$310K0.4 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$3.2M
Multiple for this size and industry4.5×
Value range$1.2M – $4.8M

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 (30%). Treat these as a rough guide.

Revenue range$1.1M – $3.0M
EBITDA range$330K – $896K
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

3 locations

317 N Main StMcalesterThis listing
3003 Azalea Park DrMuskogeeView
100 W Blair AveWilburtonView

Revenue, profit and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Farmers Insurance - Le Nard Rhone

Farmers Insurance - Le Nard Rhone is an insurance agencies company in Mcalester, Oklahoma, in business since 1996. Its estimated annual revenue is about $2.4M, with roughly $717K of EBITDA. Its estimated business value is $3.2M (likely range $1.2M–$4.8M). It has 3 locations.

Common questions

Who owns Farmers Insurance - Le Nard Rhone?
The owner of Farmers Insurance - Le Nard Rhone 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 - Le Nard Rhone make?
SeeBITDA estimates Farmers Insurance - Le Nard Rhone's annual revenue at about $2.4M (likely between $1.1M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Farmers Insurance - Le Nard Rhone worth?
About $3.2M, roughly 4.5× its estimated EBITDA of $717K, typical for a insurance agencies company its size. Likely range: $1.2M–$4.8M.
When was Farmers Insurance - Le Nard Rhone founded?
Farmers Insurance - Le Nard Rhone has been in business since 1996.