SeeBITDAOklahoma

ECI Insurance

  • 1213 Piedmont Rd N Ste b, Piedmont, OK
  • 2 locations
  • Since 1964
  • Family-owned, 3rd generation
Estimated valueLow confidence
$2.4M
$876Klikely range$3.6M
About 4.5× its yearly profit, typical for a company this size in its industry.
Revenue
$1.6M
a year
Profit (EBITDA)
$529K
33% of revenue
Employees
—
not reported
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $2.4M

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

A typical insurance agencies business in Oklahoma$1.6M
Revenue$1.6M
× 33% profit margin$529K
× 4.5 sale multiple = value$2.4M

· Own this business? Correct these figures

What we know

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

Signs of a sale Some signs of a sale

  • In business 62 years (since 1964)

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

What they do

ECI Insurance is an independent insurance agency in Piedmont, OK that provides personal, business, and employee benefits coverage, giving customers the power of choice from multiple top-rated insurance companies.

Products & services
Auto InsuranceHome InsuranceIndividual Life InsuranceIndividual Health InsuranceCondo InsuranceBusiness Owners InsuranceGeneral Liability InsuranceCommercial Property InsuranceCommercial Umbrella InsuranceKey Person Life InsuranceGroup Health InsuranceGroup Dental Insurance
Markets served
personalbusinessemployee benefits
Service area
Piedmont, OKOklahomaOklahoma City, OKEdmond, OKDeer Creek, OKEl Reno, OK
Certifications
Insurance Journal's Top 20 Agencies of 2019

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ECI Insurance
this business
$1.6M$529K—
Farmers Insurance - Caleb Davis
Piedmont
$806K$310K0.0 mi
State Farm
Piedmont
$806K$310K0.3 mi
Bronson Schubert
Piedmont
$806K$310K0.3 mi
HealthMarkets Insurance - The Kang Agency
Piedmont
$806K$310K0.5 mi
Chad Endres - Thrive Insurance
Piedmont
$806K$310K0.5 mi
EARNIE CORNELIUS INSURANCE AGENCY INC.
Piedmont · 13 employees
$3.8M$1.0M0.5 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$2.4M
Multiple for this size and industry4.5×
Value range$876K – $3.6M

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 (33%). Treat these as a rough guide.

Revenue range$742K – $2.0M
EBITDA range$243K – $661K
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

Founded 1964Family-owned · 3rd generation
“Three generations of our family have passed through this agency since our founding in 1964.”

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.

2 locations

1213 Piedmont Rd N Ste bPiedmontThis listing
325 Piedmont Rd NPiedmontView

Revenue, profit and value are for the whole company.

Public records

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

About ECI Insurance

ECI Insurance is a family-owned insurance agencies company in Piedmont, Oklahoma, in business since 1964. Its estimated annual revenue is about $1.6M, with roughly $529K of EBITDA. Its estimated business value is $2.4M (likely range $876K–$3.6M). It has 2 locations.

Common questions

Who owns ECI Insurance?
The owner of ECI Insurance 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 ECI Insurance make?
SeeBITDA estimates ECI Insurance's annual revenue at about $1.6M (likely between $742K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is ECI Insurance worth?
About $2.4M, roughly 4.5× its estimated EBITDA of $529K, typical for a insurance agencies company its size. Likely range: $876K–$3.6M.
When was ECI Insurance founded?
ECI Insurance has been in business since 1964.