Chelf Insurance
How we got $2.4M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Chelf Insurance this business | $1.6M | — |
| Wright Insurance Service Enid | $1.6M | 0.0 mi |
| Shelter Insurance - Dan Snyder Enid | $1.6M | 0.2 mi |
| BRYCEN WHITAKER AGENCY LLC Enid · 3 employees | $755K | 0.2 mi |
| SEXTON INSURANCE AGENCY, INC Enid · 1 employees | $279K | 0.3 mi |
| JOE ARMSTRONG AGENCY INC. Enid · 1 employees | $219K | 0.5 mi |
| JOE ARMSTRONG INC. Enid · 1 employees | $204K | 0.5 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 | $2.4M |
| Multiple for this size and industry | 4.5× |
| Value range | $876K – $3.6M |
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 (33%). Treat these as a rough guide.
| Revenue range | $742K – $2.0M |
| EBITDA range | $243K – $661K |
| 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
Advisors
- BankingReadycap Lending, LLCPPP / SBA lender
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 Roles are as stated there and may be out of date.
Banking relationships
| Readycap Lending, LLC 7(a) 2025 | All 134 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
2 locations
| 1502 W Owen K Garriott Rd | Enid | This listing |
| 1204 W Willow Rd | Enid | View |
Revenue, profit and value are for the whole company.
Public records
| Oct 2024 | 7(a) | $500K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Chelf Insurance
Chelf Insurance is an insurance agencies company in Enid, Oklahoma, in business since 2018. Its estimated annual revenue is about $1.6M, with roughly $529K of EBITDA. Its estimated business value is $2.4M (likely range $876K–$3.6M). It has 2 locations.
Common questions
- Who owns Chelf Insurance?
- The owner of Chelf Insurance 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 Chelf Insurance make?
- SeeBITDA estimates Chelf Insurance's annual revenue at about $1.6M (likely between $742K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Chelf Insurance worth?
- About $2.4M, roughly 4.5× its estimated EBITDA of $529K, typical for a insurance agencies company its size. Likely range: $876K–$3.6M.
- When was Chelf Insurance founded?
- Chelf Insurance has been in business since 2018.