Smith & Sons Insurance Agency
- Cericee MendenhallCommercial Lines Agent & Account Manager · Company website
- Charity McFarlandPersonal Lines Agent & Account Manager · Company website
- Loretta WilbanksPersonal Lines Agent & Account Manager · 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 Likely to sell
- In business 103 years (since 1923)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Smith & Sons Insurance Agency is a locally owned insurance agency in Lawton, Oklahoma that serves individuals, families and businesses with personal and commercial insurance quotes, comparing multiple carriers.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Smith & Sons Insurance Agency this business | $815K | — |
| ROSS HANKINS INSURANCE AGENCY, INC. Lawton · 1 employees | $221K | 0.1 mi |
| Melissa Shelton Insurance Agency, LLC Lawton | $815K | 0.1 mi |
| Allan Niles - Shelter Insurance Lawton | $815K | 0.1 mi |
| American Income Life Lawton | $815K | 0.2 mi |
| State Farm Lawton | $815K | 0.2 mi |
| Your Health Insurance Guy Lawton | $815K | 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 | $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
“Smith & Sons Insurance Agency, serving individuals, families and businesses in Oklahoma since 1923”
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 Smith & Sons Insurance Agency
Smith & Sons Insurance Agency is an insurance agencies company in Lawton, Oklahoma, in business since 1923. It is owned by Jeff Smith (Owner, Principal Agent). 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 Smith & Sons Insurance Agency?
- Smith & Sons Insurance Agency is owned by Jeff Smith (Owner, Principal Agent), according to public sources such as the company's website or filings.
- How much revenue does Smith & Sons Insurance Agency make?
- SeeBITDA estimates Smith & Sons Insurance Agency'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 Smith & Sons Insurance Agency 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 Smith & Sons Insurance Agency founded?
- Smith & Sons Insurance Agency has been in business since 1923.
- Is Smith & Sons Insurance Agency for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 103 years (since 1923); no family successor named on its website.