Westfield Group Insurance
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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Westfield Insurance is an insurance company offering business, personal, farm and agribusiness, and surety bond coverage, and says it has provided insurance since 1848.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WINTER LIVESTOCK, INC · Enid, 59 mi · $60.2M
- LAZY J ARENA, LLC · Stillwater, 34 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 14 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 18 mi · $18.0M
- CASTLE ROCK HEF, LLC · Oklahoma City, 3 mi · $10.7M
- EARNHEART OIL, INC · Marshall, 36 mi · $4.21B
- LAWSON RETAIL OPERATIONS · Norman, 26 mi · $1.05B
- MCV ENTERPRISES, LLC · Oklahoma City, 22 mi · $1.02B
- IMAGENET CONSULTING LLC · Oklahoma City, 12 mi · $1.01B
- WHEELER BROTHERS GRAIN COMPANY, LLC · Watonga, 56 mi · $974.5M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Westfield Group Insurance this business | $806K | — |
| TREY BUTLER LLC Edmond · 2 employees | $491K | 0.0 mi |
| Insurance Agency-mid-america Edmond | $806K | 0.2 mi |
| Tami Brunner, Health Insurance Broker Edmond | $806K | 0.3 mi |
| Adam Jacobson Edmond | $806K | 0.4 mi |
| Loyd Pension Services Inc Edmond | $806K | 0.4 mi |
| Farmers Insurance - James Clagg Edmond | $806K | 0.4 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 | $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
“Westfield was founded in 1848 by a small group of hard-working farmers who believed in the promise of the future and the power of the individual.”
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 Westfield Group Insurance
Westfield Group Insurance is an insurance agencies company in Edmond, Oklahoma, in business since 1848. 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 Westfield Group Insurance?
- The owner of Westfield Group Insurance 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 Westfield Group Insurance make?
- SeeBITDA estimates Westfield Group Insurance'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 Westfield Group Insurance 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 Westfield Group Insurance founded?
- Westfield Group Insurance has been in business since 1848.