Health Markets
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
HealthMarkets is an insurance marketplace that connects consumers with licensed insurance agents to help them find and compare health, Medicare, dental, vision, supplemental, and life plans. The pages do not describe Tyler Nitzel or the Edmond, OK agency specifically.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Health Markets this business | $806K | — |
| JIM PIERCE INSURANCE Shawnee · 2 employees | $577K | 0.2 mi |
| SALES GROUP INC Shawnee · 3 employees | $711K | 0.6 mi |
| State Farm Shawnee | $806K | 0.8 mi |
| Dennis Morris Shawnee | $806K | 0.8 mi |
| SAM GREER INSURANCE AGENCY INC. Shawnee · 5 employees | $1.0M | 1.4 mi |
| Brandon Hokit-Farm Bureau Financial Services Shawnee | $185K | 1.6 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 industry | 3.6× |
| 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Health Markets
Health Markets is an insurance agencies company in Shawnee, Oklahoma, in business since 2005. 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 Health Markets?
- The owner of Health Markets 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 Health Markets make?
- SeeBITDA estimates Health Markets'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 Health Markets 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 Health Markets founded?
- Health Markets has been in business since 2005.