Ritzhaupt Farmers Insurance
How we got $200K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RITZHAUPT FARMERS INSURANCE this business | $173K | — |
| Primerica Tulsa | $806K | 0.0 mi |
| Shelter Insurance Tulsa | $806K | 0.0 mi |
| Geek Expos Tulsa | $806K | 0.1 mi |
| Legacy From The Heart Tulsa | $806K | 0.1 mi |
| Equity Insurance Company Tulsa | $806K | 0.1 mi |
| THE HAWLEY GROUP, INC Tulsa · 4 employees | $1.0M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $207K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $111K |
| Estimate: the two combined (geometric mean) | $173K |
| EBITDA margin (industry, adjusted for size) | 38% |
| EBITDA = revenue × margin | $67K |
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 | $200K |
| Multiple for this size and industry | 3× |
| Value range | $105K – $273K |
| Revenue range | $114K – $197K |
| EBITDA range | $44K – $76K |
| 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
People & advisors
Advisors
- BankingVast Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Vast Bank, National Association PPP 2020, PPP 2021 | All 359 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $4K | 1 |
| 2/10/2021 | second | $4K | 1 |
About Ritzhaupt Farmers Insurance
Ritzhaupt Farmers Insurance is an insurance agencies company in Tulsa, Oklahoma. Its estimated annual revenue is about $173K, with roughly $67K of EBITDA. It has about 1 employees. Its estimated business value is $200K (likely range $105K–$273K).
Common questions
- Who owns Ritzhaupt Farmers Insurance?
- The owner of Ritzhaupt Farmers 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 Ritzhaupt Farmers Insurance make?
- SeeBITDA estimates Ritzhaupt Farmers Insurance's annual revenue at about $173K (likely between $114K and $197K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ritzhaupt Farmers Insurance worth?
- About $200K, roughly 3× its estimated EBITDA of $67K, typical for a insurance agencies company its size. Likely range: $105K–$273K.
- How many employees does Ritzhaupt Farmers Insurance have?
- About 1, as reported on its PPP loan.