Greg Phillips - State Farm Insurance Agent
- Greg PhillipsState Farm Insurance Agent · Company website
- Sandra PhillipsTrainer of agent (former State Farm 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Greg Phillips is a State Farm insurance agent in Durant, Oklahoma, offering car, home, renters, business, motorcycle, boat, UTV, RV, farm/ranch, life and health insurance to customers in Oklahoma and Texas.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Greg Phillips - State Farm Insurance Agent this business | $806K | — |
| AL OLSON INSURANCE AGENCY, INC. Durant · 6 employees | $960K | 0.1 mi |
| Grant Leland Rustin - 2809 W University Blvd Durant | $806K | 0.1 mi |
| Lane LaBorde Durant | $806K | 0.1 mi |
| Aflac Insurance Agent Durant | $806K | 0.5 mi |
| GW NEWMAN INSURANCE INC Durant · 1 employees | $200K | 0.5 mi |
| Farmers Insurance - Brittnee House Durant | $806K | 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
History & advisors
“Second Generation State Farm Agent (Sandra Phillips trained me to do it right) serving Oklahoma and Texas since 2007.”
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 Greg Phillips - State Farm Insurance Agent
Greg Phillips - State Farm Insurance Agent is an insurance agencies company in Durant, Oklahoma, in business since 2007. 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 Greg Phillips - State Farm Insurance Agent?
- The owner of Greg Phillips - 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 Greg Phillips - State Farm Insurance Agent make?
- SeeBITDA estimates Greg Phillips - 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 Greg Phillips - 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.
- When was Greg Phillips - State Farm Insurance Agent founded?
- Greg Phillips - State Farm Insurance Agent has been in business since 2007.