The Cole Organization, Inc.
How we got $1.0M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
The Cole Organization is an independent insurance agency in Grove, Oklahoma, offering personal and commercial insurance coverages to clients in Oklahoma.
From the company's website. Industry: Insurance agencies.
Customers & suppliers
Customers
- Peoria Housing Authority · named on its website
- KC's Liquor Store · named on its website
- Rt. 66 Rental · named on its website
- Miami Engineering Service · named on its website
- Blattner Energy, Inc · named on its website
- Hampton Tax and Accounting · named on its website
- Hampton Enterprises, Inc · named on its website
- Littlefield's Sporting Goods · named on its website
- Littlefield's Sporting Goods 2 · named on its website
- E & H Liquor · named on its website
- Brown-Winters Funeral Home · named on its website
- England Dock Construction · named on its website
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 |
|---|---|---|
| THE COLE ORGANIZATION, INC. this business | $870K | — |
| C AND W BLACK, LLC DBA SIMPLE SIMONS'S PIZZA Grove · 20 employees | $6.5M | 0.0 mi |
| Kenny Kristopher Wheeler - 203 Elk St Grove | $806K | 0.1 mi |
| Cars With T.J. Grove | $806K | 0.1 mi |
| TEEL-LANE INSURANCE AGENCY, LLC Grove · 3 employees | $669K | 0.3 mi |
| Kyle Williams - Keller Williams Realty Grand Lake Grove | $806K | 0.4 mi |
| LINN INSURANCE AGENCY LLC Grove · 7 employees | $1.1M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $830K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $701K |
| Estimate: the two combined (geometric mean) | $870K |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $285K |
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 | $1.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $540K – $1.4M |
| Revenue range | $572K – $992K |
| EBITDA range | $188K – $325K |
| 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
- BankingSecurity Bank and Trust CompanyPPP / 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
| Security Bank and Trust Company PPP 2020 | All 36 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $24K | 4 |
3 locations
| 404 W 3RD ST | Grove | This listing |
| 1 S Main St | Miami | View |
| 12 W Central Ave | Miami | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The Cole Organization, Inc.
The Cole Organization, Inc. is an insurance agencies company in Grove, Oklahoma, in business since 2005. Its estimated annual revenue is about $870K, with roughly $285K of EBITDA. It has about 4 employees. Its estimated business value is $1.0M (likely range $540K–$1.4M). It has 3 locations.
Common questions
- Who owns The Cole Organization, Inc.?
- The owner of The Cole Organization, Inc. 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 The Cole Organization, Inc. make?
- SeeBITDA estimates The Cole Organization, Inc.'s annual revenue at about $870K (likely between $572K and $992K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Cole Organization, Inc. worth?
- About $1.0M, roughly 3.6× its estimated EBITDA of $285K, typical for a insurance agencies company its size. Likely range: $540K–$1.4M.
- How many employees does The Cole Organization, Inc. have?
- About 4, as reported on its PPP loan.
- When was The Cole Organization, Inc. founded?
- The Cole Organization, Inc. has been in business since 2005.