SeeBITDAOklahoma

Paul Garetson State Farm

  • 9020 S Sooner Rd, Oklahoma City, OK
  • Since 2010
  • NAICS 5242
Estimated valueLow confidence
$1.1M
$415Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$815K
a year
Profit (EBITDA)
$313K
38% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$815K
Revenue$815K
× 38% profit margin$313K
× 3.6 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

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

Paul Garetson is a State Farm insurance agent in Oklahoma City, OK, offering auto, home and other insurance products to local customers.

Products & services
Auto InsuranceMotorcycle InsuranceHomeowners InsuranceCondo InsuranceRenters InsuranceBusiness InsuranceLife InsuranceRec Vehicles InsuranceBoat InsurancePet InsurancePersonal ArticlesHealth
Markets served
commercial & small business insurance
Service area
Oklahoma City, OkNorman, OkMoore, OkOKCEdmond, OKGreater Oklahoma City area
Certifications
Member of the Oklahoma City Chamber of CommerceMember of the Moore Chamber of CommerceGraduate of the University of Oklahoma Bachelors Degree in Communications

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • State Farm · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Paul Garetson State Farm
this business
$815K$313K—
PAUL J GARETSON INS AGENCY LLC
Oklahoma City · 7 employees
$1.4M$425K0.0 mi
TODD WILEY INSURANCE AGENCY INC
Oklahoma City · 4 employees
$678K$261K0.0 mi
Best Insurance Agency
Oklahoma City
$815K$313K1.2 mi
Farmers Insurance - Clifton Blowe
Oklahoma City
$815K$313K1.4 mi
Shawn Harrison Allstate Insurance
Oklahoma City
$815K$313K2.0 mi
Support Systems Associates
Oklahoma City
$815K$313K3.0 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 industry3.6×
Value range$415K – $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$374K – $1.0M
EBITDA range$144K – $392K
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 Paul Garetson State Farm

Paul Garetson State Farm is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2010. Its estimated annual revenue is about $815K, with roughly $313K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).

Common questions

Who owns Paul Garetson State Farm?
The owner of Paul Garetson State Farm 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 Paul Garetson State Farm make?
SeeBITDA estimates Paul Garetson State Farm's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Paul Garetson State Farm worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $313K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
When was Paul Garetson State Farm founded?
Paul Garetson State Farm has been in business since 2010.