Air Assurance Co.
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 41 years (since 1985)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Air Assurance is a locally owned heating, cooling, plumbing and air quality company serving Tulsa and surrounding communities for 40 years, with residential and commercial comfort solutions.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Suppliers & brands
- Trane · brand it sells or installs
- Lennox · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Air Assurance Co. this business | $806K | — |
| Tulsa Financial Center Tulsa | $806K | 0.0 mi |
| Farmers Insurance - William Loyd Tulsa | $806K | 0.0 mi |
| Shelter Insurance - Josh Moore Tulsa | $806K | 0.1 mi |
| Dennis Farrell - COUNTRY Financial representative Tulsa | $806K | 0.1 mi |
| American Fidelity Assurance Company Tulsa | $806K | 0.6 mi |
| Leisure Insurance Group Tulsa | $806K | 0.6 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 industry | 3.6× |
| 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
“In 1985, David’s family started Air Assurance, building their reputation for doing just that.”
Leadership
- JBJeff BrumbaughGeneral Manager · Company website · source
- COCharlie OgleSales Manager · Company website · source
- TNTony NewcombResidential HVAC Service Manager · Company website · source
- JBJosh BronnimanCommercial HVAC Service Manager · Company website · source
- JJJohn JohnsPlumbing Manager · 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 Air Assurance Co.
Air Assurance Co. is an insurance agencies company in Tulsa, Oklahoma, in business since 1985. It is owned by David Rampey (President / Owner). 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 Air Assurance Co.?
- Air Assurance Co. is owned by David Rampey (President / Owner), according to public sources such as the company's website or filings.
- How much revenue does Air Assurance Co. make?
- SeeBITDA estimates Air Assurance Co.'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 Air Assurance Co. 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 Air Assurance Co. founded?
- Air Assurance Co. has been in business since 1985.
- Is Air Assurance Co. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 41 years (since 1985); no family successor named on its website.