SeeBITDAOklahoma

First Harvest Insurance

  • 5700 NW 130th St Ste 2A, Oklahoma City, OK
  • Since 2022
  • 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
Levi Wade
Branch Owner (Partner / Licensed Agent) · source · confirmed by 2 sources
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

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

First Harvest Insurance is an insurance agency with branches in Oklahoma City, Tulsa (Bixby) and Broken Arrow, Oklahoma, offering personal, business, life, health, group benefits and Medicare insurance. It says it works for its clients rather than the carriers it represents and shops multiple carriers.

Products & services
Auto InsuranceHomeowners InsuranceMotorcycle InsuranceCommercial Property InsuranceGeneral Liability InsuranceWorkers' Compensation InsuranceIndividual Life InsuranceFinal Expense InsuranceFixed AnnuitiesMortgage Protection InsuranceIndividual & Family Health InsuranceIndividual Disability Insurance
Markets served
PersonalBusinessLifeHealthGroupMedicare
Service area
OklahomaOklahoma CityTulsaBroken ArrowKansasTexasMissouriIllinois

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
First Harvest Insurance
this business
$815K$313K—
Brandon Whiteley - Country Financial Representative
Oklahoma City
$1.6M$535K0.0 mi
Levi C Wade, CFP
Oklahoma City
$815K$313K0.0 mi
JIM WALLACE INSURANCE AGENCY INC
Oklahoma City · 4 employees
$1.6M$482K0.1 mi
SMITH-WILSON INSURANCE AGENCY
Oklahoma City · 1 employees
$173K$67K0.1 mi
Farmers Insurance - Andrew Davis
Oklahoma City
$815K$313K0.1 mi
Farmers Insurance - Todd Wallace
Oklahoma City
$815K$313K0.1 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 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

Public records

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

About First Harvest Insurance

First Harvest Insurance is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2022. It is owned by Levi Wade (Branch Owner (Partner / Licensed Agent)). 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 First Harvest Insurance?
First Harvest Insurance is owned by Levi Wade (Branch Owner (Partner / Licensed Agent)), according to public sources such as the company's website or filings.
How much revenue does First Harvest Insurance make?
SeeBITDA estimates First Harvest Insurance'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 First Harvest Insurance 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 First Harvest Insurance founded?
First Harvest Insurance has been in business since 2022.