Drew Vincent - 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
What they do
Drew Vincent is a State Farm insurance agent in Mustang, Oklahoma, offering auto, home, life and other insurance to local families and customers in the surrounding area.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2024 | Form 5500 | 10 | $2.1M |
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 |
|---|---|---|
| Drew Vincent - State Farm Insurance Agent this business | $806K | — |
| ANN M SMITH INSURANCE AGENCY INC Edmond · 3 employees | $898K | 0.0 mi |
| SV2020 LLC Edmond · 3 employees | $564K | 0.0 mi |
| VICE CONSTRUCTION, INC. Edmond · 13 employees | $2.0M | 0.3 mi |
| VARDE INSURANCE GROUP Edmond · 3 employees | $674K | 0.3 mi |
| Blake Jordan Agency Edmond | $806K | 0.3 mi |
| Nerissa Berry's Insurance Agency Oklahoma City | $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
Leadership
- DVDrew VincentState Farm Insurance Agent · Company website · source
- AVAndrew VincentSigned for the company · 2024 retirement-plan filing (Form 5500)
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 Drew Vincent - State Farm Insurance Agent
Drew Vincent - State Farm Insurance Agent is an insurance agencies company in Edmond, Oklahoma, in business since 2017. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. It has about 10 employees. Its estimated business value is $1.1M (likely range $411K–$1.7M).
Common questions
- Who owns Drew Vincent - State Farm Insurance Agent?
- The owner of Drew Vincent - 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 Drew Vincent - State Farm Insurance Agent make?
- SeeBITDA estimates Drew Vincent - 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 Drew Vincent - 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 Drew Vincent - State Farm Insurance Agent have?
- About 10, from its 2024 retirement-plan filing.
- When was Drew Vincent - State Farm Insurance Agent founded?
- Drew Vincent - State Farm Insurance Agent has been in business since 2017.