Oberste Insurance Agency, Inc.
How we got $442K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| OBERSTE INSURANCE AGENCY, INC. this business | $383K | — |
| Pat Nelson - 1200 Mentzer Ave Sallisaw | $806K | 0.1 mi |
| Oklahoma Farm Bureau Insurance Sallisaw | $85K | 0.3 mi |
| Farmers Insurance - Candace Presley-Cauthon Sallisaw | $806K | 0.5 mi |
| Terry Rogers Insurance Sallisaw | $806K | 0.5 mi |
| RANDALL BAKER AGENCY LLC Sallisaw · 5 employees | $759K | 0.6 mi |
| AAA Sallisaw - Insurance/Membership Only Sallisaw | $806K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| 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) | $272K |
| Estimate: the two combined (geometric mean) | $383K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $147K |
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 | $442K |
| Multiple for this size and industry | 3× |
| Value range | $233K – $605K |
| Revenue range | $252K – $437K |
| EBITDA range | $97K – $168K |
| 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
Advisors
- BankingFirstar 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 Roles are as stated there and may be out of date.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
| Firstar Bank PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $9K | 2 |
2 locations
| 1213 E Cherokee | Sallisaw | This listing |
| 205 E Ray Fine Blvd | Roland | View |
Revenue, profit and value are for the whole company.
About Oberste Insurance Agency, Inc.
Oberste Insurance Agency, Inc. is an insurance agencies company in Sallisaw, Oklahoma. Its estimated annual revenue is about $383K, with roughly $147K of EBITDA. It has about 2 employees. Its estimated business value is $442K (likely range $233K–$605K). It has 2 locations.
Common questions
- Who owns Oberste Insurance Agency, Inc.?
- The owner of Oberste Insurance Agency, Inc. 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 Oberste Insurance Agency, Inc. make?
- SeeBITDA estimates Oberste Insurance Agency, Inc.'s annual revenue at about $383K (likely between $252K and $437K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oberste Insurance Agency, Inc. worth?
- About $442K, roughly 3× its estimated EBITDA of $147K, typical for a insurance agencies company its size. Likely range: $233K–$605K.
- How many employees does Oberste Insurance Agency, Inc. have?
- About 2, as reported on its PPP loan.