Best Quote Insurance Agency
How we got $5.7M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 15% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BEST QUOTE INSURANCE AGENCY this business | $4.7M | — |
| INDEPENDENT INSURANCE AGENCY LLC Mcalester · 2 employees | $1.3M | 0.2 mi |
| LENARD RHONE INSURANCE AGENCY INC Mcalester · 5 employees | $7.9M | 0.8 mi |
| Firstitle | Holdenville Holdenville | $966K | 37.2 mi |
| DEVORE & WILKINSON TAX SERVICE LLC Henryetta · 8 employees | $4.7M | 37.6 mi |
| Woodmen of the World Wewoka | $815K | 43.9 mi |
| Pioneer Closing Services Muskogee | $966K | 61.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $1.2M |
| Revenue = employees × revenue per employee | $4.7M |
| EBITDA margin (industry, adjusted for size) | 27% |
| EBITDA = revenue × margin | $1.3M |
| Cross-check: revenue implied by PPP payroll | $316K |
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 | $5.7M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.7M – $8.2M |
| Revenue range | $2.8M – $5.6M |
| EBITDA range | $755K – $1.5M |
| Industry (NAICS) | Direct Life Insurance Carriers (524113) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $5K | 3 |
About Best Quote Insurance Agency
Best Quote Insurance Agency is a direct life insurance carriers company in Mcalester, Oklahoma. Its estimated annual revenue is about $4.7M, with roughly $1.3M of EBITDA. It has about 3 employees. Its estimated business value is $5.7M (likely range $2.7M–$8.2M).
Common questions
- Who owns Best Quote Insurance Agency?
- The owner of Best Quote Insurance Agency 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 Best Quote Insurance Agency make?
- SeeBITDA estimates Best Quote Insurance Agency's annual revenue at about $4.7M (likely between $2.8M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Best Quote Insurance Agency worth?
- About $5.7M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a direct life insurance carriers company its size. Likely range: $2.7M–$8.2M.
- How many employees does Best Quote Insurance Agency have?
- About 3, as reported on its PPP loan.