SeeBITDAOklahoma

Chandler Insurance Managers Inc

Estimated valueLow confidence
$1.1M
$415Klikely range$1.7M
About 3.6× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$815K
a year
EBITDA
$314K
38% of revenue
Employees
—
not reported
Leadership
Lance LaGere
President & CEO · source · confirmed by 2 sources
Unlikely to sell soon
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% EBITDA margin$314K
× 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 24 years (since 2002)

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

What they do

Chandler Insurance Managers Inc is a commercial insurance underwriting manager and wholesaler that teams with commercial insurance carriers to provide coverage to businesses in construction, manufacturing, oil and gas, service contractors, and transportation industries. It works with agency partners to place coverage.

Products & services
propertyinland marinemotor truck cargogeneral liabilityexcess liabilityautomobile liability and physical damagebuilder's risk
Markets served
ConstructionManufacturingOil & GasService ContractorsTransportation

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.

Manufacturing
Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
Chandler Insurance Managers Inc
this business
$815K$314K—
KML ENTERPRISES, LLC
Chandler · 14 employees
$4.1M$1.1M0.0 mi
Afr Mutual Insurance Company
Chandler
$815K$314K0.1 mi
Thompson's American Farmers
Chandler
$815K$314K0.1 mi
Tedford Insurance - Chandler
Chandler
$4.1M$1.2M0.1 mi
RAYMOND SMITH
Chandler · 4 employees
$1.2M$347K0.2 mi
B.N. BONDING, LLC
Chandler
$956K$314K0.5 mi

Ranges & sources

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)
Value range$415K – $1.7M

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 2002
“Chandler Insurance Managers, Inc. (CIMI), located in Chandler, Oklahoma, was formed as a sister company to National American Insurance Company (NAICO) in 2002.”

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 Chandler Insurance Managers Inc

Chandler Insurance Managers Inc is an insurance agencies company in Chandler, Oklahoma, in business since 2002. It is owned by Lance LaGere (President & CEO). Its estimated annual revenue is about $815K, with roughly $314K of EBITDA. Its estimated business value is $1.1M (likely range $415K–$1.7M).

Common questions

Who owns Chandler Insurance Managers Inc?
Chandler Insurance Managers Inc is owned by Lance LaGere (President & CEO), according to public sources such as the company's website or filings.
How much revenue does Chandler Insurance Managers Inc make?
SeeBITDA estimates Chandler Insurance Managers Inc'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 Chandler Insurance Managers Inc worth?
About $1.1M, roughly 3.6× its estimated EBITDA of $314K, typical for a insurance agencies company its size. Likely range: $415K–$1.7M.
When was Chandler Insurance Managers Inc founded?
Chandler Insurance Managers Inc has been in business since 2002.