SeeBITDAOklahoma
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
JP Scherer
Manager/Agent · source
Owner-run. We haven't found a manager besides the owner. Buyers usually pay less when a business depends on its owner.

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Scherer Insurance
this business
$806K$310K—
GEORGE L MILLER & ASSOCIATES INC
Tulsa · 1 employees
$408K$157K0.0 mi
Country Financial
Tulsa
$806K$310K0.1 mi
Tracy Ruggles Farmers Insurance Agent
Tulsa
$806K$310K0.2 mi
Bill Wells - State Farm Insurance Agent
Tulsa
$806K$310K0.2 mi
Nickey Lee - State Farm Insurance Agent
Tulsa
$806K$310K0.2 mi
The Tezeno Agency: Allstate Insurance
Tulsa
$806K$310K0.3 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 Scherer Insurance

Scherer Insurance is an insurance agencies company in Tulsa, Oklahoma, in business since 2020. It is owned by JP Scherer (Manager/Agent). 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 Scherer Insurance?
Scherer Insurance is owned by JP Scherer (Manager/Agent), according to public sources such as the company's website or filings.
How much revenue does Scherer Insurance make?
SeeBITDA estimates Scherer Insurance'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 Scherer Insurance 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 Scherer Insurance founded?
Scherer Insurance has been in business since 2020.