SeeBITDAOklahoma

Thompson Agency

Insurance agencies
Estimated valueLow confidence
$1.1M
$411Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$806K
a year
Profit (EBITDA)
$310K
38% of revenue
Employees
—
not reported
Leadership
Bruce Bonar
President · source · confirmed by 2 sources
Unlikely to sell soon
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.
thompsonagency.orgLinkedIn
Contact
Find Bruce Bonar on RocketReach Request removal or correction

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$806K
Revenue$806K
× 38% profit margin$310K
× 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

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)
  • Family in the business (Daniel Bonar, Personal / Commercial Producer)

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

What they do

Thompson Agency is an independent insurance agency in Ada, OK that connects personal and business clients with insurance companies for personal and commercial coverage.

Products & services
Auto InsuranceHomeowners InsuranceMotorcycle InsuranceBoat & WatercraftRenters InsuranceRecreational VehiclePersonal UmbrellaGeneral LiabilityCommercial AutoWorkers CompensationBondsCommercial Property
Markets served
individualsbusinesses
Service area
AdaAsherMcAlesterPauls ValleySeminoleStratfordOklahoma
Certifications
Licensed in Oklahoma

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

Customers & suppliers

Suppliers & brands

  • National General · brand it sells or installs
  • Geico · brand it sells or installs
  • Hagerty · brand it sells or installs
  • CompSource · brand it sells or installs
  • Union Mutual · brand it sells or installs
  • Berkshire Hathaway · brand it sells or installs
  • CNA · brand it sells or installs
  • CNA Surety · brand it sells or installs
  • Columbia · brand it sells or installs
  • Farmers Alliance · brand it sells or installs
  • Foremost · brand it sells or installs
  • Guide One · brand it sells or installs
  • Hanover · brand it sells or installs
  • Imperial PFS · brand it sells or installs
  • Liberty Mutual · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Thompson Agency
this business
$806K$310K—
BTW, INC
Ada · 6 employees
$1.6M$474K0.0 mi
Woodmen of the World Insurance
Ada
$806K$310K0.1 mi
AAA Ada - Insurance/Membership Only
Ada
$806K$310K0.2 mi
MOON-BAKER AGENCY, INC.
Ada · 11 employees
$3.5M$1.0M0.2 mi
Patrick Allford: Allstate Insurance
Ada
$806K$310K0.2 mi
Neighbors First Insurance
Ada
$806K$310K0.2 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$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 Thompson Agency

Thompson Agency is an insurance agencies company in Ada, Oklahoma, in business since 2006. It is owned by Bruce Bonar (President). 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 Thompson Agency?
Thompson Agency is owned by Bruce Bonar (President), according to public sources such as the company's website or filings.
How much revenue does Thompson Agency make?
SeeBITDA estimates Thompson Agency'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 Thompson Agency 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 Thompson Agency founded?
Thompson Agency has been in business since 2006.