SeeBITDAOklahoma

Auto Insurance Center Agency Inc

  • 2520 NW 23rd St, Oklahoma City, OK
  • Since 1993
Estimated valueMedium confidence
$1.4M
$747Klikely range$1.9M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$1.2M
a year
Profit (EBITDA)
$394K
33% of revenue
Employees
4
reported in 2020
Paula Chavez
Co-founder · source
Some signs of a sale

How we got $1.4M

Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.

4 employees × $207K each$830K
PPP payroll ÷ payroll's usual share of revenue$1.3M
Shown toward the top of its range×1.14
Revenue$1.2M
× 33% profit margin$394K
× 3.6 sale multiple = value$1.4M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 33 years (since 1993)
  • 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

Auto Insurance Center Agency Inc is an insurance agency in Oklahoma City that shops coverage from multiple insurance companies for auto, home, motorcycle, watercraft, life and business insurance and surety bonds, serving individuals and businesses.

Products & services
Auto insuranceHome insuranceMotorcycle insuranceWatercraft insuranceBusiness & BondsLife insuranceSurety bondsBusiness Coverage
Markets served
business insurance
Service area
Oklahoma CityOKC Metro area

From the company's website. Industry: Insurance agencies.

Customers & suppliers

Suppliers & brands

  • Assurance America · brand it sells or installs
  • CCA · brand it sells or installs
  • Equity · brand it sells or installs
  • Falcon Insurance Company · brand it sells or installs
  • Foremost · brand it sells or installs
  • Gainsco · brand it sells or installs
  • GEICO · brand it sells or installs
  • Grinnell · brand it sells or installs
  • Hallmark · brand it sells or installs
  • Mexico Insurance · brand it sells or installs
  • National General Insurance / Integon Indemnity · brand it sells or installs
  • Progressive · brand it sells or installs
  • Traders · brand it sells or installs
  • United Security Health and Casualty Insurance Company · brand it sells or installs

Estimated value over time

▲ 30% since 2020
$0$816K$1.6M20202026

Today'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

BusinessEst. revenueEst. profitDistance
AUTO INSURANCE CENTER AGENCY INC
this business
$1.2M$394K—
Allstate
Oklahoma City
$806K$310K0.1 mi
Mtran Insurance & Associates Llc
Oklahoma City
$806K$310K0.1 mi
SLJ ENTERRPISES LLC
Oklahoma City · 1 employees
$202K$78K0.4 mi
CLIFF STAUDE INSURANCE AGENCY INC.
Oklahoma City · 2 employees
$385K$148K0.6 mi
Bradford Irwin Insurance
Oklahoma City
$806K$310K0.7 mi
Advantage 1
Oklahoma City
$806K$310K0.8 mi

The full calculation

Employees reported to the SBA4
Revenue from headcount (employees × revenue per employee for companies this size)$830K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$1.3M
Estimate: the two combined (geometric mean)$1.2M
EBITDA margin (industry, adjusted for size)33%
EBITDA = revenue × margin$394K

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$1.4M
Multiple for this size and industry3.6×
Value range$747K – $1.9M
Revenue range$790K – $1.4M
EBITDA range$259K – $449K
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

Founded 1993
“Daniel and Paula Chavez set out to be the best source for personal and business insurance and formed Auto Insurance Center Agency, Inc in 1993.”

Advisors

  • BankingThe Citizens Bank of EdmondPPP / 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

The Citizens Bank of Edmond
PPP 2020
All 502 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$45K$46K4The Citizens Bank of Edmond

Public records

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

About Auto Insurance Center Agency Inc

Auto Insurance Center Agency Inc is an insurance agencies company in Oklahoma City, Oklahoma, in business since 1993. It is owned by Paula Chavez (Co-founder). Its estimated annual revenue is about $1.2M, with roughly $394K of EBITDA. It has about 4 employees. Its estimated business value is $1.4M (likely range $747K–$1.9M).

Common questions

Who owns Auto Insurance Center Agency Inc?
Auto Insurance Center Agency Inc is owned by Paula Chavez (Co-founder), according to public sources such as the company's website or filings.
How much revenue does Auto Insurance Center Agency Inc make?
SeeBITDA estimates Auto Insurance Center Agency Inc's annual revenue at about $1.2M (likely between $790K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Auto Insurance Center Agency Inc worth?
About $1.4M, roughly 3.6× its estimated EBITDA of $394K, typical for a insurance agencies company its size. Likely range: $747K–$1.9M.
How many employees does Auto Insurance Center Agency Inc have?
About 4, as reported on its PPP loan.
When was Auto Insurance Center Agency Inc founded?
Auto Insurance Center Agency Inc has been in business since 1993.