Robnett Insurance Agency Inc
How we got $932K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
Robnett Insurance Agency Inc is a State Farm insurance agency in Cushing, OK, run by agent Randy Robnett, offering auto, home, and other insurance products.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- State Farm · brand it sells or installs
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ROBNETT INSURANCE AGENCY INC this business | $789K | — |
| State Farm Cushing | $806K | 0.0 mi |
| BRANSTETTER INSURANCE AGENCY LLC Cushing · 3 employees | $753K | 0.2 mi |
| KALKA INSURANCE AGENCY, LLC Cushing · 1 employees | $246K | 1.0 mi |
| Medicare By Kalka Cushing | $806K | 1.0 mi |
| CAUDLE AGENCY, LLC Cushing · 2 employees | $580K | 1.1 mi |
| Shelter Insurance - Sarah O'shell Cushing | $806K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $770K |
| Estimate: the two combined (geometric mean) | $789K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $259K |
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 | $932K |
| Multiple for this size and industry | 3.6× |
| Value range | $490K – $1.3M |
| Revenue range | $519K – $900K |
| EBITDA range | $170K – $295K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingRCB BankPPP / SBA lender
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.
Banking relationships
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $26K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Robnett Insurance Agency Inc
Robnett Insurance Agency Inc is an insurance agencies company in Cushing, Oklahoma, in business since 2007. It is owned by Randy Robnett (Founder). Its estimated annual revenue is about $789K, with roughly $259K of EBITDA. It has about 3 employees. Its estimated business value is $932K (likely range $490K–$1.3M).
Common questions
- Who owns Robnett Insurance Agency Inc?
- Robnett Insurance Agency Inc is owned by Randy Robnett (Founder), according to public sources such as the company's website or filings.
- How much revenue does Robnett Insurance Agency Inc make?
- SeeBITDA estimates Robnett Insurance Agency Inc's annual revenue at about $789K (likely between $519K and $900K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Robnett Insurance Agency Inc worth?
- About $932K, roughly 3.6× its estimated EBITDA of $259K, typical for a insurance agencies company its size. Likely range: $490K–$1.3M.
- How many employees does Robnett Insurance Agency Inc have?
- About 3, as reported on its PPP loan.
- When was Robnett Insurance Agency Inc founded?
- Robnett Insurance Agency Inc has been in business since 2007.