Ascent Insurance Group-Tonkawa Office
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 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
Ascent Insurance Group's Tonkawa office offers commercial and personal insurance to businesses and individuals, presenting itself as a trusted insurance partner that represents a selective group of insurance brands.
From the company's website. Industry: Insurance agencies.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Ascent Insurance Group-Tonkawa Office this business | $806K | — |
| BLUBAUGH INSURANCE AGENCY Tonkawa · 1 employees | $213K | 0.8 mi |
| MCKENZIE-NOLES AGENCY, INC. Tonkawa · 3 employees | $595K | 0.8 mi |
| LOFTIS & WETZEL CORPORATION Blackwell · 28 employees | $7.8M | 8.0 mi |
| Chartier Agency Blackwell | $806K | 8.1 mi |
| American Dream Cannabis Llc Blackwell | $806K | 8.3 mi |
| BRADLEY CROP INSURANCE LLC Blackwell · 1 employees | $408K | 8.4 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
People & advisors
“Since 2006, the Ascent Insurance Group, formerly known as Linsenmeyer Bogie and Varnell Insurance Agency, has proudly represented a handpicked selection of financially responsible and reputable national insurance brands.”
Leadership
- CLCraig LinsenmeyerTeam member (role not stated) · Company website · source
- ABAaron BogieTeam member (role not stated) · Company website · source
- SVShay VarnellTeam member (role not stated) · Company website · source
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 Ascent Insurance Group-Tonkawa Office
Ascent Insurance Group-Tonkawa Office is an insurance agencies company in Tonkawa, Oklahoma, in business since 2006. 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 Ascent Insurance Group-Tonkawa Office?
- The owner of Ascent Insurance Group-Tonkawa Office 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 Ascent Insurance Group-Tonkawa Office make?
- SeeBITDA estimates Ascent Insurance Group-Tonkawa Office'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 Ascent Insurance Group-Tonkawa Office 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 Ascent Insurance Group-Tonkawa Office founded?
- Ascent Insurance Group-Tonkawa Office has been in business since 2006.