Cole Insurance Agency LLC
How we got $1.1M
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 25% since 2021Today'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 |
|---|---|---|
| COLE INSURANCE AGENCY LLC this business | $907K | — |
| CHRIS COLE Catoosa · 4 employees | $809K | 0.0 mi |
| Gary Tomlinson Farmers Insurance Agent Catoosa | $815K | 0.0 mi |
| INTEGRATED FINANCIAL CONCEPTS, INC Catoosa · 2 employees | $567K | 0.1 mi |
| STOUT INSURANCE OF OKLAHOMA, INC. Catoosa · 5 employees | $744K | 0.1 mi |
| AAA Oklahoma - Catoosa - Insurance/Membership Only Catoosa | $815K | 0.1 mi |
| State Farm Insurance Catoosa | $815K | 0.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| 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) | $763K |
| Estimate: the two combined (geometric mean) | $907K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $298K |
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 | $1.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $564K – $1.5M |
| Revenue range | $597K – $1.0M |
| EBITDA range | $196K – $339K |
| 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
History & advisors
Advisors
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2021 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/18/2021 | first | $26K | 4 |
About Cole Insurance Agency LLC
Cole Insurance Agency LLC is an insurance agencies company in Catoosa, Oklahoma. Its estimated annual revenue is about $907K, with roughly $298K of EBITDA. It has about 4 employees. Its estimated business value is $1.1M (likely range $564K–$1.5M).
Common questions
- Who owns Cole Insurance Agency LLC?
- The owner of Cole Insurance Agency LLC 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 Cole Insurance Agency LLC make?
- SeeBITDA estimates Cole Insurance Agency LLC's annual revenue at about $907K (likely between $597K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cole Insurance Agency LLC worth?
- About $1.1M, roughly 3.6× its estimated EBITDA of $298K, typical for a insurance agencies company its size. Likely range: $564K–$1.5M.
- How many employees does Cole Insurance Agency LLC have?
- About 4, as reported on its PPP loan.