Farmers Insurance - Colten Rhoades
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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
Colten Rhoades is a Farmers Insurance agent in Tulsa, OK, who helps customers identify insurance coverage for auto, home, renters, business and other insurance needs.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Farmers Insurance · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Farmers Insurance - Colten Rhoades this business | $806K | — |
| Richard Miller Tulsa | $806K | 0.0 mi |
| KIM SCRIVNER INSURANCE LLC Tulsa · 1 employees | $275K | 0.0 mi |
| JANINE BILLINGS INURANCE AGENCY Tulsa · 6 employees | $1.2M | 0.1 mi |
| Tyler McCall - State Farm Insurance Agent Tulsa | $806K | 0.1 mi |
| Janine Morales Insurance Tulsa | $806K | 0.1 mi |
| CATALYST FINANCIAL GROUP LLC Tulsa · 3 employees | $995K | 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Farmers Insurance - Colten Rhoades
Farmers Insurance - Colten Rhoades is an insurance agencies company in Tulsa, Oklahoma, in business since 1996. 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 Farmers Insurance - Colten Rhoades?
- The owner of Farmers Insurance - Colten Rhoades 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 - Colten Rhoades make?
- SeeBITDA estimates Farmers Insurance - Colten Rhoades'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 Farmers Insurance - Colten Rhoades 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 Farmers Insurance - Colten Rhoades founded?
- Farmers Insurance - Colten Rhoades has been in business since 1996.