SeeBITDAOklahoma

Duty Tran Insurance Agency, LLC

  • 10601 S Western Ave 100, Oklahoma City, OK
  • Since 2019
  • Family-owned
Estimated valueMedium confidence
$461K
$242Klikely range$630K
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$399K
a year
Profit (EBITDA)
$154K
38% of revenue
Employees
2
reported in 2020
Jill Duty Tran
Agent and Owner · source
Unlikely to sell soon

How we got $461K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $207K each$415K
PPP payroll ÷ payroll's usual share of revenue$296K
Shown toward the top of its range×1.14
Revenue$399K
× 38% profit margin$154K
× 3 sale multiple = value$461K

· 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 Unlikely to sell soon

  • Family in the business (Hien Tran, Agent and Partner)

From public records and the company's website, not a statement that it's for sale.

What they do

DutyTran Insurance Agency is a family-run independent insurance agency that represents many different companies for personal, auto, home, life and business insurance needs.

Markets served
personalbusiness
Service area
Oklahoma City, OK

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

Estimated value over time

▲ 30% since 2020
$0$265K$530K20202026

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
DUTY TRAN INSURANCE AGENCY, LLC
this business
$399K$154K—
JETER INSURANCE AGENCY
Oklahoma City · 8 employees
$1.7M$498K0.0 mi
YEAROUT INSURANCE AGENCY, INC.
Oklahoma City · 5 employees
$1.4M$460K0.0 mi
Farmers Insurance - Josiah Veteto
Oklahoma City
$806K$310K0.0 mi
Farmers Insurance - Andrew Arnold
Oklahoma City
$806K$310K0.0 mi
KEN SHELTON INSURANCE AGENCY, INC
Oklahoma City · 5 employees
$1.1M$376K0.2 mi
Janis Yearout
Oklahoma City
$806K$310K0.5 mi

The full calculation

Employees reported to the SBA2
Revenue from headcount (employees × revenue per employee for companies this size)$415K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$296K
Estimate: the two combined (geometric mean)$399K
EBITDA margin (industry, adjusted for size)38%
EBITDA = revenue × margin$154K

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$461K
Multiple for this size and industry3×
Value range$242K – $630K
Revenue range$263K – $455K
EBITDA range$101K – $175K
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

Family-owned
“DutyTran Insurance agency is a family business.”

Leadership

  • HT
    Hien Tran
    Agent and Partner · Company website · source

Advisors

  • BankingJPMorgan Chase Bank, National AssociationPPP / 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

JPMorgan Chase Bank, National Association
PPP 2020
All 993 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
6/8/2020first$10K$10K2JPMorgan Chase Bank, National Association

Public records

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

About Duty Tran Insurance Agency, LLC

Duty Tran Insurance Agency, LLC is a family-owned insurance agencies company in Oklahoma City, Oklahoma, in business since 2019. It is owned by Jill Duty Tran (Agent and Owner). Its estimated annual revenue is about $399K, with roughly $154K of EBITDA. It has about 2 employees. Its estimated business value is $461K (likely range $242K–$630K).

Common questions

Who owns Duty Tran Insurance Agency, LLC?
Duty Tran Insurance Agency, LLC is owned by Jill Duty Tran (Agent and Owner), according to public sources such as the company's website or filings.
How much revenue does Duty Tran Insurance Agency, LLC make?
SeeBITDA estimates Duty Tran Insurance Agency, LLC's annual revenue at about $399K (likely between $263K and $455K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Duty Tran Insurance Agency, LLC worth?
About $461K, roughly 3× its estimated EBITDA of $154K, typical for a insurance agencies company its size. Likely range: $242K–$630K.
How many employees does Duty Tran Insurance Agency, LLC have?
About 2, as reported on its PPP loan.
When was Duty Tran Insurance Agency, LLC founded?
Duty Tran Insurance Agency, LLC has been in business since 2019.