SeeBITDAOklahoma

Cherokee Strip Insurance Agency

  • 1508 W Hartford Ave, Ponca City, OK
  • 2 locations
  • Since 2023
  • NAICS 5242
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
Leadership
Owner not found yet
We haven't found the owner in public records

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

What they do

Cherokee Strip Insurance Agency is a local, independent insurance agency in Ponca City, Oklahoma, serving families and businesses across Ponca City and surrounding Oklahoma and Kansas communities. It is owned by Cherokee Strip Credit Union.

Products & services
Auto InsuranceHome InsuranceCommercial InsuranceClassic Car InsuranceFlood InsuranceHealth InsuranceLife InsuranceMotorcycle InsuranceRecreational InsuranceRenters InsuranceUmbrella InsuranceWorkers Compensation
Markets served
CommercialIndividuals and familiesMedicare-eligible residents
Service area
Ponca City, OKOklahomaKansas

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Cherokee Strip Insurance Agency
this business
$1.6M$529K—
Health Insurance Source
Ponca City
$806K$310K1.0 mi
Farmers Insurance - Erin Ohara
Ponca City
$806K$310K1.3 mi
Shelter Insurance - Thomas Henley
Ponca City
$806K$310K1.4 mi
MYERS AGENCY,INC.
Ponca City · 5 employees
$850K$279K1.4 mi
LARRY MURPHY INSURANCE AGENCY INC.
Ponca City · 6 employees
$1.5M$453K1.4 mi
Albright Insurance
Ponca City
$806K$310K1.5 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

2 locations

1508 W Hartford AvePonca CityThis listing
1508 E Prospect AvePonca CityView

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 Cherokee Strip Insurance Agency

Cherokee Strip Insurance Agency is an insurance agencies company in Ponca City, Oklahoma, in business since 2023. 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 Cherokee Strip Insurance Agency?
The owner of Cherokee Strip Insurance Agency 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 Cherokee Strip Insurance Agency make?
SeeBITDA estimates Cherokee Strip Insurance Agency'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 Cherokee Strip Insurance Agency 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 Cherokee Strip Insurance Agency founded?
Cherokee Strip Insurance Agency has been in business since 2023.