Vance Insurance Group, LLC
How we got $1.4M
Based on its 3 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
- Family in the business (Megan Vance Ochs, Manager)
From public records and the company's website, not a statement that it's for sale.
What they do
Vance Insurance Group, LLC is an Oklahoma insurance agency in Oklahoma City offering auto, home, commercial, life and other personal and recreational insurance policies. It says its agents help families and businesses find coverage and save money.
From the company's website. Industry: Insurance agencies.
Estimated value over time
▲ 56% 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 |
|---|---|---|
| VANCE INSURANCE GROUP, LLC this business | $1.2M | — |
| The Chesapeake Life Insurance Company Oklahoma City | $806K | 0.3 mi |
| Andreini & Company Oklahoma City | $806K | 0.5 mi |
| Aflac Legion OKC Oklahoma City | $806K | 0.5 mi |
| WARDAMOS LLC Okc · 5 employees | $743K | 0.5 mi |
| ZACH RUSSELL INSURANCE AGENCY INC. Oklahoma City · 8 employees | $1.2M | 0.5 mi |
| NERISSA BERRY INSURANCE AGENCY, LLC Oklahoma City · 2 employees | $447K | 0.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $952K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 33% |
| EBITDA = revenue × margin | $386K |
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 | $1.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $731K – $1.9M |
| Revenue range | $774K – $1.3M |
| EBITDA range | $254K – $440K |
| Industry (NAICS) | All Other Insurance Related Activities (524298) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- MVMegan Vance OchsManager · Company website · source
- DBDiana Brumley KennemerAccount Manager/Producer · Company website · source
- BBBrian BarnesProducer · Company website · source
- BRBob RushingProducer · Company website · source
- MKMariah KellettProducer · Company website · source
Advisors
- BankingValor 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
| Valor Bank PPP 2020 | All 81 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $44K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Vance Insurance Group, LLC
Vance Insurance Group, LLC is an insurance agencies company in Oklahoma City, Oklahoma, in business since 2016. It is owned by Brian Ochs (Principal). Its estimated annual revenue is about $1.2M, with roughly $386K of EBITDA. It has about 3 employees. Its estimated business value is $1.4M (likely range $731K–$1.9M).
Common questions
- Who owns Vance Insurance Group, LLC?
- Vance Insurance Group, LLC is owned by Brian Ochs (Principal), according to public sources such as the company's website or filings.
- How much revenue does Vance Insurance Group, LLC make?
- SeeBITDA estimates Vance Insurance Group, LLC's annual revenue at about $1.2M (likely between $774K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Vance Insurance Group, LLC worth?
- About $1.4M, roughly 3.6× its estimated EBITDA of $386K, typical for a insurance agencies company its size. Likely range: $731K–$1.9M.
- How many employees does Vance Insurance Group, LLC have?
- About 3, as reported on its PPP loan.
- When was Vance Insurance Group, LLC founded?
- Vance Insurance Group, LLC has been in business since 2016.