SeeBITDAOklahoma

Custard Insurance Adjusters

  • 6202 S Lewis Ave Ste D, Tulsa, OK
  • Since 1962
  • Family-owned
  • 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
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
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 not found

Signs of a sale Some signs of a sale

  • In business 64 years (since 1962)

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

What they do

Custard Insurance Adjusters is a nationwide insurance claims adjusting company, founded in 1962, handling commercial transportation, property, catastrophe, heavy equipment, and environmental losses for client partners such as insurers, self-insured entities, and trucking companies.

Products & services
Special InvestigationGeneral LiabilityLarge LossProperty Services ManagementField Services ManagementCapacity SupportThird Party AdministrationAudit ServicesConstruction DefectDesk Adjusting ServicesData SolutionsQuality Assurance
Markets served
commercial transportationtrucking companiesself-insured entitiesinsurance companiespropertyspecialty vehicles
Service area
NationwideInternational

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

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Trucking & freight

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Custard Insurance Adjusters
this business
$815K$313K—
Carradini Health
Tulsa
$815K$313K0.0 mi
Retirement Saving Solutions
Tulsa
$815K$313K0.1 mi
Lasting Integrity Final Expense
Tulsa
$815K$313K0.1 mi
Roxi Smith - Farmers Insurance Agent of Oklahoma
Tulsa
$1.6M$535K0.2 mi
Carlos Neal - 6506 S Lewis Ave
Tulsa
$815K$313K0.2 mi
Farmers Insurance - Cing Hoih
Tulsa
$815K$313K0.2 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$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

History & advisors

Founded 1962Family-owned
“We pride ourselves on maintaining the culture of a family owned-business, which values the individual themselves and not simply the work they perform.”

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 Custard Insurance Adjusters

Custard Insurance Adjusters is a family-owned insurance agencies company in Tulsa, Oklahoma, in business since 1962. 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 Custard Insurance Adjusters?
The owner of Custard Insurance Adjusters isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Custard Insurance Adjusters make?
SeeBITDA estimates Custard Insurance Adjusters'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 Custard Insurance Adjusters 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 Custard Insurance Adjusters founded?
Custard Insurance Adjusters has been in business since 1962.