SeeBITDAOklahoma

Lucht Insurance Group LLC

  • 419 W BROADWAY ST STE 200B, Muskogee, OK
  • Since 2010
  • NAICS 524210
Estimated valueMedium confidence
$519K
$273Klikely range$711K
About 3× its yearly profit, typical for a company this size in its industry.
Revenue
$450K
a year
Profit (EBITDA)
$173K
38% of revenue
Employees
2
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Unlikely to sell soon

How we got $519K

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

2 employees × $208K each$415K
PPP payroll ÷ payroll's usual share of revenue$376K
Shown toward the top of its range×1.14
Revenue$450K
× 38% profit margin$173K
× 3 sale multiple = value$519K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Unlikely to sell soon

  • In business 16 years (since 2010)

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

Estimated value over time

▲ 30% since 2020
$0$299K$597K20202026

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
LUCHT INSURANCE GROUP LLC
this business
$450K$173K—
Shelter Insurance
Muskogee
$806K$310K0.3 mi
Kimberly White: Allstate Insurance
Muskogee
$806K$310K0.4 mi
Patrick D Sampson Comparion Insurance Agency
Wagoner
$806K$310K0.5 mi
Hilda Richey Insurance Agency
Muskogee
$806K$310K0.5 mi
Groom Insurance Agency
Muskogee
$806K$310K0.5 mi
THE BILL BECKMAN COMPANY
Muskogee · 22 employees
$7.4M$1.8M0.9 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)$376K
Estimate: the two combined (geometric mean)$450K
EBITDA margin (industry, adjusted for size)38%
EBITDA = revenue × margin$173K

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$519K
Multiple for this size and industry3×
Value range$273K – $711K
Revenue range$296K – $513K
EBITDA range$114K – $197K
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 2020
All 1,355 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/28/2020first$13K$13K2Armstrong Bank

Public records

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

About Lucht Insurance Group LLC

Lucht Insurance Group LLC is an insurance agencies company in Muskogee, Oklahoma, in business since 2010. Its estimated annual revenue is about $450K, with roughly $173K of EBITDA. It has about 2 employees. Its estimated business value is $519K (likely range $273K–$711K).

Common questions

Who owns Lucht Insurance Group LLC?
The owner of Lucht Insurance Group 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 Lucht Insurance Group LLC make?
SeeBITDA estimates Lucht Insurance Group LLC's annual revenue at about $450K (likely between $296K and $513K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Lucht Insurance Group LLC worth?
About $519K, roughly 3× its estimated EBITDA of $173K, typical for a insurance agencies company its size. Likely range: $273K–$711K.
How many employees does Lucht Insurance Group LLC have?
About 2, as reported on its PPP loan.
When was Lucht Insurance Group LLC founded?
Lucht Insurance Group LLC has been in business since 2010.