SeeBITDAOklahoma

Extra Mile Insurance Solutions

  • 202 S Cedar St Ste e, Owasso, OK
  • Since 2018
  • NAICS 5242
Estimated valueLow confidence
$1.1M
$415Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$815K
a year
Profit (EBITDA)
$313K
38% of revenue
Employees
—
not reported
Leadership
Niki Henley
Owner · source · confirmed by 2 sources

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$815K
Revenue$815K
× 38% profit margin$313K
× 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 named

What they do

Extra Mile Insurance Solutions is an independent insurance agency in Owasso, OK that shops and compares insurance options for personal and commercial clients. It says it helps individuals, families and business owners protect their coverage.

Products & services
Home InsuranceLife InsuranceBoat & Watercraft InsuranceBusiness InsuranceBusiness PropertyCommercial UmbrellaPersonal InsuranceCommercial InsuranceSpecialty Insuranceboat slip coverage
Markets served
individuals and familiesbusiness ownersTradesmenLawyers
Service area
Owasso areaState of OklahomaArkansasKansas

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

Customers & suppliers

Suppliers & brands

  • Progressive · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Law firms

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Extra Mile Insurance Solutions
this business
$815K$313K—
Citadel Benefits
Owasso
$815K$313K0.0 mi
Edward Jones - Financial Advisor: Jeffrey L Stumpff
Owasso
$815K$313K0.0 mi
OWATUSI INC
Owasso · 1 employees
$173K$67K0.1 mi
Shelter Insurance
Owasso
$815K$313K0.1 mi
Keith Tew - HomeTown Insurance Agency
Owasso
$815K$313K0.1 mi
Michael D Watson: Allstate Insurance
Owasso
$815K$313K0.7 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$415K – $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$374K – $1.0M
EBITDA range$144K – $392K
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

History & advisors

Founded by Niki Henley
“Extra Mile Insurance Solutions is owned by Niki Henley.”

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 Extra Mile Insurance Solutions

Extra Mile Insurance Solutions is an insurance agencies company in Owasso, Oklahoma, in business since 2018. It is owned by Niki Henley. Its estimated annual revenue is about $815K, with roughly $313K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).

Common questions

Who owns Extra Mile Insurance Solutions?
Extra Mile Insurance Solutions is owned by Niki Henley, according to public sources such as the company's website or filings.
How much revenue does Extra Mile Insurance Solutions make?
SeeBITDA estimates Extra Mile Insurance Solutions's annual revenue at about $815K (likely between $374K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Extra Mile Insurance Solutions worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $313K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
When was Extra Mile Insurance Solutions founded?
Extra Mile Insurance Solutions has been in business since 2018.