How we got $706K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RICHARD L KASSER this business | $717K | — |
| MIG AGENCIES, INC Oklahoma City · 3 employees | $595K | 0.1 mi |
| Miller Insurance Group Oklahoma City | $815K | 0.1 mi |
| Bruce Burnett - State Farm Insurance Agent Oklahoma City | $815K | 0.2 mi |
| TROY DOOLEY INSURANCE AGENCY , LLC Oklahoma City · 2 employees | $461K | 0.4 mi |
| Worksite Benefit Plans Inc Oklahoma City | $815K | 0.4 mi |
| CEGEL DIVERSIFIED CAPITAL MANAGEMENT GROUP LTD CO Oklahoma City · 2 employees | $300K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $623K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $635K |
| Estimate: the two combined (geometric mean) | $717K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $235K |
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 | $706K |
| Multiple for this size and industry | 3× |
| Value range | $371K – $966K |
| Revenue range | $472K – $818K |
| EBITDA range | $155K – $268K |
| Industry (NAICS) | Insurance Agencies and Brokerages (524210) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingArmstrong BankPPP / 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $21K | 3 |
About Richard L Kasser
Richard L Kasser is an insurance agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $717K, with roughly $235K of EBITDA. It has about 3 employees. Its estimated business value is $706K (likely range $371K–$966K).
Common questions
- Who owns Richard L Kasser?
- The owner of Richard L Kasser 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 Richard L Kasser make?
- SeeBITDA estimates Richard L Kasser's annual revenue at about $717K (likely between $472K and $818K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Richard L Kasser worth?
- About $706K, roughly 3× its estimated EBITDA of $235K, typical for a insurance agencies company its size. Likely range: $371K–$966K.
- How many employees does Richard L Kasser have?
- About 3, as reported on its PPP loan.