SeeBITDAOklahoma

316 Health Insurance - Tulsa Office

Insurance agencies
  • 401 S Boston Ave Suite 400-06, Tulsa, OK
  • Since 2003
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
Jason Garraway
Owner · source
Unlikely to sell soon
316healthins.comLinkedIn
Contact
Find Jason Garraway 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 23 years (since 2003)

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

What they do

Independent, local health insurance brokerage with offices in Wichita and Tulsa that serves individuals, families, the self-employed, Medicare recipients, and small businesses. It says it has been operating since 2003.

Products & services
Medicare Supplements (Medigap)Part D prescription drug plansACA Marketplace plansIndividual & Family coverageSelf-Employed health coverageCOBRA & Turning 26 guidanceChristian Sharing ProgramsMedical Cost SharingDirect Primary Care
Markets served
individualsfamiliesself-employedMedicare recipientssmall businessesfreelancerscontractorssmall and medium-sized businesses
Service area
KansasOklahomaWichita, KSTulsa, OK
Certifications
Independent Licensed Insurance Broker

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
316 Health Insurance - Tulsa Office
this business
$806K$310K—
INTERNATIONAL INSURANCE BROKERS, LTD.
Tulsa · 31 employees
$10.3M$2.5M0.0 mi
VAUGHAN INSURANCE GROUP LLC
Tulsa · 4 employees
$982K$322K0.0 mi
Best Tulsa Car Insurance
Tulsa
$806K$310K0.0 mi
Legacy From The Heart
Tulsa
$806K$310K0.0 mi
CAPITAL INSURANCE PARTNERS
Tulsa · 3 employees
$736K$283K0.0 mi
Legacy Advisory Group, Llc
Tulsa
$806K$310K0.0 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

People & advisors

Founded 2003
“We've been educating and empowering clients since 2003.”

Leadership

  • SL
    Stephany Logan
    Office Manager · Company website · source
  • AH
    Aimee Herrman
    Claims Specialist · Company website · source
  • KK
    Keith Kinley
    Advisor · Company website · source
  • RM
    Rick Moose
    Advisor · Company website · source
  • RM
    Riley Mies
    Client Services & Operational Support · Company website · source
  • KB
    Kyle Bonfiglio
    Advisor · Company website · source
  • MT
    Melissa Thurston
    Enrollment Specialist · Company website · source
  • VB
    Vanesa Barnard
    Advisor · Company website · source
  • MV
    Matt Vogt
    Advisor · Company website · source
  • AP
    Anne Phillippi
    Bookkeeping · Company website · source
  • JB
    Jarrod Brown
    Systems Analyst · 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 316 Health Insurance - Tulsa Office

316 Health Insurance - Tulsa Office is an insurance agencies company in Tulsa, Oklahoma, in business since 2003. It is owned by Jason Garraway. 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 316 Health Insurance - Tulsa Office?
316 Health Insurance - Tulsa Office is owned by Jason Garraway, according to public sources such as the company's website or filings.
How much revenue does 316 Health Insurance - Tulsa Office make?
SeeBITDA estimates 316 Health Insurance - Tulsa 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 316 Health Insurance - Tulsa 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 316 Health Insurance - Tulsa Office founded?
316 Health Insurance - Tulsa Office has been in business since 2003.