Colonial Life
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 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
Colonial Life provides voluntary employee benefits such as disability, accident, cancer, critical illness, dental and vision, hospital indemnity and life insurance, along with enrollment support and HR technology, for employers, plan administrators, brokers and policyholders.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LYNNCO SUPPLY CHAIN SOLUTIONS, INC. · Tulsa, 15 mi · $43.5M
- HOGAN ASSESSMENT SYSTEMS, INC. · Tulsa, 18 mi · $34.9M
- QUEST AUTOMATED SERVICES LLC · Tulsa, 11 mi · $29.2M
- WHITETAIL ENVIRONMENTAL LLC · Jay, 53 mi · $24.0M
- MELONE'S ENTERPRISES, LLC · Inola, 10 mi · $23.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Colonial Life this business | $806K | — |
| BONHAM AGENCY LLC Broken Arrow · 1 employees | $180K | 2.5 mi |
| COLLIER INSURANCE AGENCY, LLC Broken Arrow · 1 employees | $299K | 3.5 mi |
| ROECKER INSURANCE SOLUTIONS LLC Broken Arrow · 1 employees | $406K | 3.9 mi |
| Nickolas Ward Insurance Agency Coweta | $806K | 4.0 mi |
| Shelter Insurance - Natalie Bonham Coweta | $806K | 4.1 mi |
| BONHAM AGENCY LLC Coweta · 2 employees | $424K | 4.1 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 Colonial Life
Colonial Life is an insurance agencies company in Broken Arrow, 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 Colonial Life?
- The owner of Colonial Life 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 Colonial Life make?
- SeeBITDA estimates Colonial Life'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 Colonial Life 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 Colonial Life founded?
- Colonial Life has been in business since 1997.