SeeBITDAOklahoma

John Ramsey - State Farm Insurance Agent

  • 8920 S Delaware Ave Unit C, Tulsa, OK
  • 2 locations
  • NAICS 5242
Estimated valueLow confidence
$2.4M
$876Klikely range$3.6M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.6M
a year
Profit (EBITDA)
$529K
33% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
  • John W Ramsey
    Signs company filings · Form 5500 (2022)

How we got $2.4M

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

A typical insurance agencies business in Oklahoma$1.6M
Revenue$1.6M
× 33% profit margin$529K
× 4.5 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

No PPP loan
401(k) filing, 2022
No reported financials
No website found
Owner not found
2 locations found

Employees over time

▲ 0% since 2020
03520202021202244
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 55004$823K$270K
2021Form 55003$617K$202K
2022Form 55004$823K$270K

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
John Ramsey - State Farm Insurance Agent
this business
$1.6M$529K—
TALENTS GROUP LLC
Tulsa · 2 employees
$472K$182K0.5 mi
Edison Health Solutions
Tulsa
$806K$310K0.6 mi
Eric Steven Quinnelly - 2488 E 81st St
Tulsa
$806K$310K0.6 mi
Rick McKinney - Insurance Broker
Tulsa
$806K$310K0.6 mi
American Founders Insurance Group, Inc
Tulsa
$806K$310K0.6 mi
MICHAEL VOWELS INSURANCE AGENCY, INC.
Tulsa · 4 employees
$982K$322K0.7 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$2.4M
Multiple for this size and industry4.5×
Value range$876K – $3.6M

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 (33%). Treat these as a rough guide.

Revenue range$742K – $2.0M
EBITDA range$243K – $661K
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

2 locations

8920 S Delaware Ave Unit CTulsaThis listing
8181 S Harvard AveTulsaView

Revenue, profit and value are for the whole company.

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About John Ramsey - State Farm Insurance Agent

John Ramsey - State Farm Insurance Agent is an insurance agencies company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $529K of EBITDA. It has about 4 employees. Its estimated business value is $2.4M (likely range $876K–$3.6M). It has 2 locations.

Common questions

Who owns John Ramsey - State Farm Insurance Agent?
The owner of John Ramsey - State Farm Insurance Agent 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 John Ramsey - State Farm Insurance Agent make?
SeeBITDA estimates John Ramsey - State Farm Insurance Agent's annual revenue at about $1.6M (likely between $742K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is John Ramsey - State Farm Insurance Agent worth?
About $2.4M, roughly 4.5× its estimated EBITDA of $529K, typical for a insurance agencies company its size. Likely range: $876K–$3.6M.
How many employees does John Ramsey - State Farm Insurance Agent have?
About 4, from its 2022 retirement-plan filing.