Lake Insurance
How we got $1.1M
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 |
|---|---|---|
| Lake Insurance this business | $806K | — |
| DOME INSURANCE AGENCY LLC Laverne · 3 employees | $467K | 0.0 mi |
| Laverne Insurance Laverne | $806K | 0.1 mi |
| MIDWEST CROP PROTECTION INC Gate · 3 employees | $1.0M | 13.4 mi |
| Pioneer Agency of Buffalo Buffalo | $806K | 17.0 mi |
| 4JM INC Buffalo · 1 employees | $174K | 17.6 mi |
| INSURANCE 101 INC Buffalo · 1 employees | $246K | 17.6 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
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lake Insurance
Lake Insurance is an insurance agencies company in Laverne, Oklahoma, in business since 2017. 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 Lake Insurance?
- The owner of Lake 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 Lake Insurance make?
- SeeBITDA estimates Lake Insurance'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 Lake Insurance 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 Lake Insurance founded?
- Lake Insurance has been in business since 2017.