Bartling Insurance Agency Inc
How we got $2.5M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 52 years (since 1974)
- 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
Bartling Insurance Agency is an independent insurance agency that offers multiple companies and coverages to its customers, helping them find coverage that fits their needs.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ARTES PRO VITA ACADEMY LLC · Lawton, 38 mi · $3.5M
- UNIVERSITY CENTER OF SOUTHERN OKLAHOMA · Ardmore, 50 mi · $3.4M
- A.B.R.A.I.N., INC. · Lawton, 42 mi · $2.9M
- OAK HALL EPISCOPAL SCHOOL · Ardmore, 50 mi · $2.7M
- POWERHOUSE ACADEMY INC. · Duncan, 24 mi · $1.9M
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 |
|---|---|---|
| BARTLING INSURANCE AGENCY INC this business | $1.9M | — |
| THE INSURANCE PLACE AGENCY, INC. Waurika · 10 employees | $2.2M | 0.0 mi |
| Oklahoma Farm Bureau Insurance Waurika | $806K | 0.0 mi |
| Farmers Insurance - Bobby Jones Waurika | $806K | 0.1 mi |
| HEADRICK INSURANCE AGENCY INC Comanche · 3 employees | $697K | 14.4 mi |
| 4-G ENTERPRISES, LLC Comanche · 3 employees | $699K | 14.4 mi |
| Bartling Insurance Comanche | $806K | 14.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 30% |
| EBITDA = revenue × margin | $565K |
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 | $2.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $1.3M – $3.5M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $372K – $644K |
| 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
“Bartling Insurance was founded in 1974 by Roy and Jane Bartling.”
Leadership
- CTChristina TurnerLicensed Insurance Producer · Company website · source
- MHMichelle HallLicensed Insurance Producer · Company website · source
- LSLauren SnyderLicensed Insurance Producer · Company website · source
- KSKeisa SuttonLicensed Insurance Producer · Company website · source
- DNDonna NemoAssistant · Company website · source
- RPRobin PhillipsAssistant · Company website · source
- MBMeagan BryantLicensed Insurance Producer · Company website · source
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $60K | 10 |
| 2/11/2021 | second | $61K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bartling Insurance Agency Inc
Bartling Insurance Agency Inc is an insurance agencies company in Waurika, Oklahoma, in business since 1974. It is owned by Kelsey Hare. Its estimated annual revenue is about $1.9M, with roughly $565K of EBITDA. It has about 10 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.5M).
Common questions
- Who owns Bartling Insurance Agency Inc?
- Bartling Insurance Agency Inc is owned by Kelsey Hare, according to public sources such as the company's website or filings.
- How much revenue does Bartling Insurance Agency Inc make?
- SeeBITDA estimates Bartling Insurance Agency Inc's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bartling Insurance Agency Inc worth?
- About $2.5M, roughly 4.5× its estimated EBITDA of $565K, typical for a insurance agencies company its size. Likely range: $1.3M–$3.5M.
- How many employees does Bartling Insurance Agency Inc have?
- About 10, as reported on its PPP loan.
- When was Bartling Insurance Agency Inc founded?
- Bartling Insurance Agency Inc has been in business since 1974.
- Is Bartling Insurance Agency Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 52 years (since 1974); no family successor named on its website.