SeeBITDAOklahoma

Budman Insurance Solutions

  • 6033 S 66th East Ave Ste 500, Tulsa, 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
James (Buddy) Estrada
Founder and CEO · source · confirmed by 2 sources
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$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

Budman Insurance Solutions is an independent insurance agency in Tulsa, OK that has access to multiple carriers to provide customized insurance products at an affordable price. It offers commercial, personal, and life insurance.

Products & services
Commercial InsurancePersonal InsuranceLife Insurance
Service area
Tulsa, OKOklahoma

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

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Budman Insurance Solutions
this business
$815K$313K—
GLEN EDWARDS & ASSOCIATES INC
Tulsa · 3 employees
$562K$216K0.1 mi
State Farm
Tulsa
$815K$313K0.1 mi
GORDON INSURANCE AGENCY LLC
Tulsa · 1 employees
$204K$78K0.1 mi
JOHN C. SAWYER INSURANCE AGENCY, INC
Tulsa · 1 employees
$245K$94K0.1 mi
Don Gordon
Tulsa
$815K$313K0.1 mi
Incentus Corporation
Tulsa
$815K$313K0.6 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 Budman Insurance Solutions

Budman Insurance Solutions is an insurance agencies company in Tulsa, Oklahoma, in business since 2022. It is owned by James (Buddy) Estrada (Founder and CEO). 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 Budman Insurance Solutions?
Budman Insurance Solutions is owned by James (Buddy) Estrada (Founder and CEO), according to public sources such as the company's website or filings.
How much revenue does Budman Insurance Solutions make?
SeeBITDA estimates Budman Insurance Solutions'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 Budman Insurance Solutions 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 Budman Insurance Solutions founded?
Budman Insurance Solutions has been in business since 2022.