Farmers Insurance - Casey Estep
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
Farmers offers recruitment for entrepreneurs to build, buy, or work for a Farmers insurance agency, and to become Farmers Financial Services Agents. The pages are recruiting material and do not describe the Elgin, OK agency's own products or customers.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Farmers Insurance - Casey Estep this business | $815K | — |
| KOLKER INSURANCE, LLC Elgin · 2 employees | $350K | 0.6 mi |
| KORI ESLICK INSURANCE AGENCY LLC Elgin · 2 employees | $497K | 0.7 mi |
| Allstate Elgin | $815K | 0.8 mi |
| Danny Cooper Elgin | $815K | 0.9 mi |
| AgDefense Risk Management Elgin | $815K | 0.9 mi |
| Ag Risk Management and Insurance Apache | $815K | 9.0 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 | $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
History & advisors
“With over 95 years of experience and best in-class training, Farmers has the knowledge to help you start up an independent business you can proudly call your own.”
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 Farmers Insurance - Casey Estep
Farmers Insurance - Casey Estep is an insurance agencies company in Elgin, Oklahoma, in business since 1996. 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 Farmers Insurance - Casey Estep?
- The owner of Farmers Insurance - Casey Estep 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 - Casey Estep make?
- SeeBITDA estimates Farmers Insurance - Casey Estep'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 Farmers Insurance - Casey Estep 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 Farmers Insurance - Casey Estep founded?
- Farmers Insurance - Casey Estep has been in business since 1996.