3000 Insurance Group, LLC
How we got $9.6M
Based on its 22 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
- Headcount down 29% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
3000 Insurance Group is an independent insurance agency in Oklahoma City that offers personal, business, and life and health insurance, shopping quotes from multiple carriers for individuals, families, and businesses.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Blue Cross Blue Shield · brand it sells or installs
- Chubb · brand it sells or installs
- Hartford · 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.
Employees over time
▼ 45% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 22 | $3.9M |
| 2020 | Form 5500 | 17 | $3.0M |
| 2021 | Form 5500 | 14 | $2.5M |
| 2022 | Form 5500 | 12 | $2.2M |
| 2023 | Form 5500 | 12 | $2.2M |
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
| Business | Est. revenue | Distance |
|---|---|---|
| 3000 INSURANCE GROUP, LLC this business | $7.4M | — |
| Beale Professional Services Oklahoma City | $806K | 0.0 mi |
| Alexander & Strunk Oklahoma City | $806K | 0.0 mi |
| KENNY SMITH AGENCY LLC Oklahoma City · 3 employees | $623K | 0.2 mi |
| MariProtect Cannabis Insurance Oklahoma City | $806K | 0.2 mi |
| The Insurance Advisors Oklahoma City | $806K | 0.2 mi |
| Autogard Oklahoma City | $806K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $1.8M |
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 | $9.6M |
| Multiple for this size and industry | 5.4× |
| Value range | $5.0M – $13.1M |
| Revenue range | $4.9M – $8.5M |
| EBITDA range | $1.2M – $2.0M |
| 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
People & advisors
Leadership
- CHChris HaysSales Agent · Company website · source
Advisors
- BankingFirst Liberty 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
| First Liberty Bank PPP 2020 | All 382 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $311K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 3000 Insurance Group, LLC
3000 Insurance Group, LLC is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2014. It is owned by Joe Strunk. Its estimated annual revenue is about $7.4M, with roughly $1.8M of EBITDA. It has about 12 employees. Its estimated business value is $9.6M (likely range $5.0M–$13.1M).
Common questions
- Who owns 3000 Insurance Group, LLC?
- 3000 Insurance Group, LLC is owned by Joe Strunk, according to public sources such as the company's website or filings.
- How much revenue does 3000 Insurance Group, LLC make?
- SeeBITDA estimates 3000 Insurance Group, LLC's annual revenue at about $7.4M (likely between $4.9M and $8.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 3000 Insurance Group, LLC worth?
- About $9.6M, roughly 5.4× its estimated EBITDA of $1.8M, typical for a insurance agencies company its size. Likely range: $5.0M–$13.1M.
- How many employees does 3000 Insurance Group, LLC have?
- About 12, from its 2023 retirement-plan filing.
- When was 3000 Insurance Group, LLC founded?
- 3000 Insurance Group, LLC has been in business since 2014.