SeeBITDAOklahoma

Hero Healthcare

  • 1616 Victoria Pl, Edmond, OK
Estimated valueLow confidence
$1.1M
$411Klikely range$1.7M
About 3.6× its yearly profit, typical for a company this size in its industry.
Revenue
$806K
a year
Profit (EBITDA)
$310K
38% of revenue
Employees
—
not reported
Bill Lovell
Owner · source

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$806K
Revenue$806K
× 38% profit margin$310K
× 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

What they do

Hero Healthcare, operated by William R Lovell, LLC in Edmond, Oklahoma, sells individual and group health, dental, vision, life and supplemental insurance plans, including defined benefits plans, to individuals, families and small businesses.

Products & services
Hospital indemnity planAccident benefitsSpecified disease insuranceCritical illnessDentalVisionLife insuranceAmerica's Choice 1099 PlansAnnual Max PlansMetal PlansPLUM LifeBOSS Life
Markets served
IndividualsFamiliesGroupsSmall business
Service area
EdmondMidwest CityMooreNormanOklahoma CityOklahomaAlabamaArizona

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

Customers & suppliers

Suppliers & brands

  • Philadelphia American · brand it sells or installs
  • Manhattan Life · brand it sells or installs
  • Best One Dental · brand it sells or installs
  • Delta Dental · brand it sells or installs
  • VSP · brand it sells or installs
  • PLUM Life · brand it sells or installs
  • BOSS Life · brand it sells or installs
  • First Health Network · brand it sells or installs
  • Mark Cuban Cost Plus · brand it sells or installs
  • Laboratory Assist · brand it sells or installs
  • MDsave · brand it sells or installs
  • Free Market Hospital · brand it sells or installs

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Hero Healthcare
this business
$806K$310K—
AAA Edmond Northeast - Insurance/Membership Only
Edmond
$806K$310K0.5 mi
AAA Oklahoma
Edmond
$2.4M$717K0.5 mi
Keri Esmon
Edmond
$806K$310K0.5 mi
TREVOR RANDALL INSURANCE AGENCY, INC.
Edmond · 8 employees
$2.2M$649K0.5 mi
EDDIE STALLWORTH
Edmond · 1 employees
$281K$108K0.6 mi
JENNIFER LOWDER INSURANCE AGCY INC
Edmond · 9 employees
$1.6M$485K0.6 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 industry3.6×
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 Hero Healthcare

Hero Healthcare is an insurance agencies company in Edmond, Oklahoma. It is owned by Bill Lovell. 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 Hero Healthcare?
Hero Healthcare is owned by Bill Lovell, according to public sources such as the company's website or filings.
How much revenue does Hero Healthcare make?
SeeBITDA estimates Hero Healthcare'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 Hero Healthcare 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.