Rondon Insurance Services LLC
How we got $8.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Rondon Insurance Services is an independent insurance agency in Edmond, Oklahoma, that shops coverage across 35+ carriers for individuals, families and businesses.
From the company's website. Industry: Direct Property and Casualty Insurance Carriers.
Customers & suppliers
Suppliers & brands
- Travelers · brand it sells or installs
- Safeco (Liberty Mutual) · brand it sells or installs
- Gainsco · brand it sells or installs
- Traders Insurance · brand it sells or installs
- Aegis Security · brand it sells or installs
- Allstate · brand it sells or installs
- American Modern · brand it sells or installs
- Amwins · brand it sells or installs
- Berkshire Hathaway · brand it sells or installs
- Berkshire Hathaway GUARD · brand it sells or installs
- Blitz · brand it sells or installs
- Branch · brand it sells or installs
- BTIS · brand it sells or installs
- Collectible Insurance Services · brand it sells or installs
- Coterie · brand it sells or installs
Estimated value over time
▲ 27% 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 |
|---|---|---|
| RONDON INSURANCE SERVICES LLC this business | $8.3M | — |
| OKLAHOMA HEALTH OPTIONS LLC Edmond · 2 employees | $3.6M | 1.2 mi |
| LEBLANC & ASSOCIATES, LLC Edmond · 4 employees | $3.0M | 1.2 mi |
| DEAN INSURANCE BROKERAGE LLC Edmond · 1 employees | $1.2M | 1.4 mi |
| MATTHEW RAMIREZ INSURANCE AGENCY INC Edmond · 2 employees | $1.3M | 1.5 mi |
| TILGHMAN INSURANCE SERVICES LLC Edmond · 7 employees | $7.3M | 1.8 mi |
| JM INC Edmond · 2 employees | $1.4M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $8.3M |
| EBITDA margin (industry, adjusted for size) | 24% |
| EBITDA = revenue × margin | $2.0M |
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 | $8.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.7M – $12.1M |
| Revenue range | $5.4M – $9.4M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Direct Property and Casualty Insurance Carriers (524126) |
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
“Since 2018 our insurance agency has served Edmond and the surrounding Oklahoma communities by protecting the people we work with just like we protect our own family members.”
Advisors
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $129K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rondon Insurance Services LLC
Rondon Insurance Services LLC is a direct property and casualty insurance carriers company in Edmond, Oklahoma, in business since 2018. It is owned by Brandon Rondon (Agency Owner). Its estimated annual revenue is about $8.3M, with roughly $2.0M of EBITDA. It has about 9 employees. Its estimated business value is $8.9M (likely range $4.7M–$12.1M).
Common questions
- Who owns Rondon Insurance Services LLC?
- Rondon Insurance Services LLC is owned by Brandon Rondon (Agency Owner), according to public sources such as the company's website or filings.
- How much revenue does Rondon Insurance Services LLC make?
- SeeBITDA estimates Rondon Insurance Services LLC's annual revenue at about $8.3M (likely between $5.4M and $9.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rondon Insurance Services LLC worth?
- About $8.9M, roughly 4.5× its estimated EBITDA of $2.0M, typical for a direct property and casualty insurance carriers company its size. Likely range: $4.7M–$12.1M.
- How many employees does Rondon Insurance Services LLC have?
- About 9, as reported on its PPP loan.
- When was Rondon Insurance Services LLC founded?
- Rondon Insurance Services LLC has been in business since 2018.