Gwaine Mathews - State Farm Insurance
- Gwaine MathewsState Farm Insurance Agent · Company website
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 Unlikely to sell soon
- In business 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Gwaine Mathews is a State Farm insurance agent in Woodward, Oklahoma, offering personal and business insurance and life coverage to individuals, families, and business owners. The office has served customers across Oklahoma, Kansas, and North Texas since 2010.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Gwaine Mathews - State Farm Insurance this business | $806K | — |
| State Farm Woodward | $806K | 0.0 mi |
| KEVIN CANSLER INSURANCE AGENCY INC Woodward · 5 employees | $1.1M | 0.1 mi |
| State Farm Woodward | $806K | 0.1 mi |
| BenTec Insurance Agency Woodward | $2.4M | 0.3 mi |
| American Farmers & Ranchers Woodward | $2.4M | 0.3 mi |
| Lively Insurance Agency Woodward | $806K | 0.3 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
History & advisors
“Since opening my office in 2010, I have been proud to serve customers across Oklahoma, Kansas, and North Texas, helping them navigate their insurance options with confidence.”
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 Gwaine Mathews - State Farm Insurance
Gwaine Mathews - State Farm Insurance is an insurance agencies company in Woodward, Oklahoma, in business since 2010. 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 Gwaine Mathews - State Farm Insurance?
- The owner of Gwaine Mathews - State Farm 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 Gwaine Mathews - State Farm Insurance make?
- SeeBITDA estimates Gwaine Mathews - State Farm 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 Gwaine Mathews - State Farm 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 Gwaine Mathews - State Farm Insurance founded?
- Gwaine Mathews - State Farm Insurance has been in business since 2010.