SeeBITDAOklahoma

Omag

Insurance agencies
  • 3650 S Blvd, Edmond, OK
  • Since 1997
Estimated valueLow confidence
$1.1M
$411Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$806K
a year
Profit (EBITDA)
$310K
38% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
omag.orgLinkedIn
Contact
Find the owner on RocketReach Request removal or correction

How we got $1.1M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical insurance agencies business in Oklahoma$806K
Revenue$806K
× 38% profit margin$310K
× 3.6 sale multiple = value$1.1M

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)

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

What they do

OMAG is a not-for-profit agency owned and governed by Oklahoma cities and towns that provides liability, property, workers compensation, and cyber coverage exclusively for Oklahoma municipalities.

Products & services
General Liability, Auto & EquipmentPropertyWorkers CompensationCyber Breach Response CoverageClaimsOnline training and videosMatching grants, scholarships, on-site training, and equipmentMunicipal BootcampOklahoma Municipal Leader AcademyGas Distribution SystemsLaw Enforcement ServicesHR Services
Markets served
Oklahoma municipalitiescities and towns
Service area
Oklahoma

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
OMAG
this business
$806K$310K—
Farmers Insurance - Stacia Supersad
Edmond
$806K$310K0.1 mi
David Lautenschlager - 3500 S Blvd
Edmond
$806K$310K0.2 mi
Farmers Insurance - David Lautenschlager
Edmond
$806K$310K0.2 mi
Seeman Holtz Property & Casualty Healthcare Division
Edmond
$806K$310K0.5 mi
Courtesy Insurance Agency
Edmond
$806K$310K0.6 mi
Horn Insurance Agency, Llc - Mark & Gennifer Horn
Edmond
$806K$310K0.6 mi

The full calculation

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 industry3.6×
Value range$411K – $1.7M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Agencies, brokerages, and other insurance related activities businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (38%). Treat these as a rough guide.

Revenue range$371K – $1.0M
EBITDA range$143K – $387K
Industry (NAICS)Agencies, brokerages, and other insurance related activities (5242)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Leadership

  • SP
    Suzie Paulson
    Executive Director · Company website · source
  • MC
    Monica Coleman
    General Counsel/Deputy Executive Director · Company website · source
  • BH
    Brian Holland
    Director of Finance & Administration · Company website · source
  • CW
    Chris Webb
    Director of Underwriting · Company website · source
  • WS
    William Sheppard
    Director of Risk Management · Company website · source
  • KW
    Kyle Waid
    Director of Insurance Services · Company website · source
  • DD
    David Dalton
    Director of Claims · Company website · source
  • LM
    Lori Mueller
    Director of People & Organizational Development · Company website · source
  • CB
    Caylee Bohannan
    Member Engagement & Events Manager · Company website · source
  • MB
    Matt Burleson
    Digital Engagement & Media Manager · Company website · source
  • BD
    Brooke Dunn
    Communications & Content Coordinator · Company website · source
  • RM
    Ryan Mann
    Communications & Content Coordinator · Company website · source

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.

Public records

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

About Omag

Omag is an insurance agencies company in Edmond, Oklahoma, in business since 1997. Its estimated annual revenue is about $806K, with roughly $310K of EBITDA. Its estimated business value is $1.1M (likely range $411K–$1.7M).

Common questions

Who owns Omag?
The owner of Omag 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 Omag make?
SeeBITDA estimates Omag's annual revenue at about $806K (likely between $371K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Omag worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $310K, typical for a insurance agencies company its size. Likely range: $411K–$1.7M.
When was Omag founded?
Omag has been in business since 1997.